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Compute Emily credit for rehabilitation expenditures

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Problem - Emily spent $135,000 to rehabilitate a certified historic building (adjusted basis of $90,000) that originally had been placed in service in 1935. Compute Emily's credit for rehabilitation expenditures.

Reference no: EM132659326

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Compute Emily credit for rehabilitation expenditures : Problem - Emily spent $135,000 to rehabilitate a certified historic building (adjusted basis of $90,000) Compute Emily credit for rehabilitation expenditures
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