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REY [17]
3 years ago
5

Hailey bought her house in 2015 for $350,000. Since then, she has deducted $55,000 in depreciation associated with her home offi

ce and has spent $20,000 replacing all the old pipes and plumbing. She sells the house on July 1, 2019. What is Hailey's adjusted basis at the date of the sale?
Business
1 answer:
Alexandra [31]3 years ago
7 0
Imma take a guess and say that he’d adjusted basis is 275,000
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