Allowable tax depreciation amounts for those two years

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You purchased a commercial building and lot for $200,000 on May 3th, 2014. The lot itself was valued at $80,000 when purchased. You sold the lot and building for $350,000 on Feb 15th of 2015. Use MACRS depreciation and note that this property is considered non-residential real property. What are your allowable tax depreciation amounts for those two years?

2014_______________________________________

2015_______________________________________

Reference no: EM131285071

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