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Business, 11.03.2020 01:44 sarahhtsvetkovs

Identify the tax issue or issues suggested by the following situations and state each issue in the form of a question.
ROJ Inc. purchased a 20-acre industrial complex consisting of three warehouses and two office buildings surrounded by parking lots. About 12 acres of the land is undeveloped. ROJ paid a lump-sum purchase price of $19.4 million.

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