Business, 26.12.2019 03:31 shortiibrownskiin
Alicia sold her personal residence to rick on june 30 for $295,000. before the sale, alicia paid the real estate tax of $4,425 for the calendar year. for income tax purposes, the deduction is apportioned as follows: $885 to alicia and $3,540 to rick. what is rick's basis in the residence?
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Alicia sold her personal residence to rick on june 30 for $295,000. before the sale, alicia paid the...
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