oglygbbjrapidd3021 oglygbbjrapidd3021
  • 21-11-2022
  • Business
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rebel purchases a house for $52,000. rebel converts the property to rental property when the fair market value is $115,000. after deducting depreciation (cost recovery) expense of $1,130, rebel sells the house for $120,000. what is the recognized gain or loss?

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