Business, 11.03.2020 23:01 xxxharveyweinsteinxx

Randy owns and rents a residential duplex that he purchased 17 years ago in the month of May. The purchase price was $250,000. During August of the current year, Randy sold the duplex. What is the amount of depreciation that can be deducted in the current year (rounded to the nearest dollar)?

1. $6,410

2. $5,681

3. $9,090

4. $6,439

5. $4,006

Answers: 2

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Randy owns and rents a residential duplex that he purchased 17 years ago in the month of May. The pu...

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