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Disregarding land value Jaxin purchased a rental building in March 2015 for 295000. Ge wild...

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Accounting

Disregarding land value Jaxin purchased a rental building in March 2015 for 295000. Ge wild the building in August 2020 for 430000. the allowable depreciation on the property was 58101. under what section of the Internal Revenue code will the sale of the building fall? a. Sec 179 b. Sec 1245 c. sec 1250 d. sec 1255

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