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What is carlas depreciable basis in the rental house

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Carla decides to rent a personal home. She originally paid $320k for the house and land. The FMV at date of conversion is $400k. A similar empty real-estate lot cost $80,000 at the time of her purchase. She also makes several substantial improvements to get the house ready for rental totaling $6,000. She also paid $300 to a cleaning service to make sure everything was perfect. What is Carla's depreciable basis in the rental house?

Reference no: EM132409081

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