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    Concepts in Federal Taxation
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    Exam 9: Acquisitions of Property
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    Tillman Is Building a Warehouse for Use in His Business
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Tillman Is Building a Warehouse for Use in His Business

Question 89

Question 89

Multiple Choice

Tillman is building a warehouse for use in his business.The construction costs include the following: Tillman is building a warehouse for use in his business.The construction costs include the following:   ​ What is Tillman's basis in the warehouse? A) $60,000 B) $61,500 C) $63,500 D) $64,500 E) $66,500 ​
What is Tillman's basis in the warehouse?


A) $60,000
B) $61,500
C) $63,500
D) $64,500
E) $66,500

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