Original purchase price-aggregate purchase price
EBV is considering a $6M Series. An investment for 6M shares of CP at $1 per share. The proposed capitalization table is included in the attachment. What is the OPP (original purchase price) and the APP (aggregate purchase price) for Series A.
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Patty converted her prinicpal residence to rental property two years ago when it was worth $70,000. Patty paid $85,000 for the house. What is Patty's basis in the house if after taking $10,000 of depreciation deductions she sells it for $66,000?
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