Mathematics, 29.11.2021 05:00 frisha

An investor paid $43,000 for a lot and $520,000 to have a strip mall constructed on it. he has depreciated the property for the past 15 years on a 39-year straight-line schedule. if he sells the property this year and realizes $710,000 after closing expenses, what is his capital gain?

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An investor paid $43,000 for a lot and $520,000 to have a strip mall constructed on it. he has depre...