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Compute Emily credit for rehabilitation expenditures

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Question - Emily spent $254,400 to rehabilitate a certified historic building (adjusted basis of $165,360) that originally had been placed in service in 1935.

Compute Emily's credit for rehabilitation expenditures?

Reference no: EM132440738

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Compute Emily credit for rehabilitation expenditures : Emily spent $254,400 to rehabilitate a certified historic building (adjusted basis of $165,360). Compute Emily's credit for rehabilitation expenditures
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