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Lindale Rentals Places an Apartment Building in Service on November

Question 78

Multiple Choice

Lindale Rentals places an apartment building in service on November 22, 2018. The building's depreciable basis is $3,300,000. What is Lindale Homes' 2018 depreciation deduction on the property?


A) $7,507
B) $15,015
C) $59,994
D) $104,990

Correct Answer:

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