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Business, 13.03.2020 18:16 brooklynunderwood46

Alicia sold her personal residence to Rick on June 30 for$300,000. Before the sale, Alicia paid the real estate taxes of$4,380 for the calendar year. For income tax purposes, thededuction is apportioned as follows: $2,160 to Alice and $2,220 toRick. What is Rick’s basis in the residence?

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Alicia sold her personal residence to Rick on June 30 for$300,000. Before the sale, Alicia paid the...
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