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How do determine the cost recovery deduction

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Reference no: EM132719646

Problem 1: Cora, a calendar-year taxpayer, purchased an apartment building on May 17, 2017, for $2,000,000, and continued to operate it with the existing tenants. Determine the cost recovery deduction for 2019.

a. $48,150

b. $59,520

C. $72,720

d. $76,920

e. $109,080

Reference no: EM132719646

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