Business, 26.12.2019 18:31 wendelkristen

Oliver bought a rental property in 2018. he paid $100,000 cash and assumed a mortgage of $75,000. at the time of purchase, the land was valued at $10,000. what is oliver's depreciable basis in the property? a. $90,000 b. $100,000 c. $165,000 d. $175,000

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Oliver bought a rental property in 2018. he paid $100,000 cash and assumed a mortgage of $75,000. at...