Jose purchased a house for 300000 in 2010 he used the house

Reference no: EM13578367

Jose? purchased a house for $300,000 in 2010. He used the house as his per- sonal residence. In March 2013, when the fair market value of the house was $400,000, he converted the house to rental property. What is Jose?'s cost recovery for 2013?

Reference no: EM13578367

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