Homework Answers
Solution:
| Requirement | Answer | Calculation |
| a. | $ 301,238.96 | 8284900*3.636% |
| b. | $ 212,424.84 | 8284900*2.564% |
Explanation:
1) Residential Property is deduction using mid month convention under 27.5 Years.
2) Non-Residential Property is deduction using mid month convention under 39 Years as it is place in service after May 12, 1993.
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partnership.
Betty contributed
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