rosa replaced a broken heating and air conditioning unit in one of her rental houses how...

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Question

rosa replaced a broken heating and air conditioning unit in one of her rental houses how...

rosa replaced a broken heating and air conditioning unit in one of her rental houses how will rhis expense be repirted on schdule e

business accounting

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Answer 1

Answer #1

Solution: as an improvement depreciated over 27 1/2 years

Explanation: When Rosa replace a broken heating and air conditioning component, she would increase your property value. Consequently Rosa can enjoy the option for depreciating that cost and spread it out over a term of up to 27.5 years.

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Answer 2

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