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What is franks depreciation deduction for 2019

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Frank Investor purchased an office building (including land) for $2,000,000 and placed it in service on June 27, 2019. The land is valued at $1,200,000, and the building is valued at $800,000. Frank depreciated the property under MACRS GDS. What is Frank's depreciation deduction for 2019?

Farrah Investor purchased an apartment building (including land) for $2,000,000 and placed it in service on December 27, 2017. The land is valued at $1,000,000, and the building is valued at $1,000,000. Farrah depreciated the property under MACRS GDS. What is Farrah's tax depreciation deduction for 2017?

Farrah Investor purchased an apartment building (including land) for $2,000,000 and placed it in service on December 27, 2017. The land is valued at $1,000,000, and the building is valued at $1,000,000. Farrah depreciated the property under MACRS GDS. On February 28, 2019, Farrah sold the apartment building. What is Farrah's depreciation deduction for 2019?

Reference no: EM132380201

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