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Alicia paid the real estate taxes of 4380 for the calendar

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Alicia sold her personal residence to Rick on June 30 for$300,000. Before the sale, Alicia paid the real estate taxes of $4,380 for the calendar year. For income tax purposes, the deduction is apportioned as follows: $2,160 to Alice and $2,220 to Rick. What is Rick's basis in the residence?

Reference no: EM13573375

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