Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 06 May 2018 My Price 5.00

rental property

On September 29, 2014, Tripper sold rental property for $230,000. Five percent of the sales price was allocated to the furnishings. Tripper originally purchased the home (a condominium) in 1992, and uses it as his main home. He paid $160,000 for the home and spent $35,000 on its furnishings. From 1992-2007, Tripper made improvements to the home totaling $34,000. On March 4, 2008, he converted the home to rental property. The fair market value (FMV) of the home itself at the time of the conversion was $182,000. The FMV of the furnishings were $5,000. Tripper used MACRS to depreciate both the condo and its furnishings. This was the only depreciable property Tripper placed in service during 2008. Compute Tripper’s recognized gain or loss on the sale of the home and on the sale of its furnishings.

 

 


Answers

Maurice Tutor
(5)
Status NEW Posted 06 May 2018 07:05 PM My Price 5.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------

Not Rated(0)
Relevent Questions