You purchased a commercial building and lot for 400000 on


You purchased a commercial building and lot for $400,000 on April 15th of 2010. The lot itself was valued at $80,000 when purchased. You sold the lot and building on September 15th of 2015. Use MACRS depreciation and note this property is non-residential real property.

What are your allowable tax depreciation amounts for all years from 2010 to 2015?

2010:____________

2011:____________

2012:____________

2013:____________

2014:____________

2015:____________

Request for Solution File

Ask an Expert for Answer!!
Business Economics: You purchased a commercial building and lot for 400000 on
Reference No:- TGS01185355

Expected delivery within 24 Hours