What is its adjusted basis in the landscaping at the end of


Taxpayer added substantial landscaping to its golf course at a cost of $250,000. It incorrectly depreciated this non-depreciable capital cost over a period of five years. What is its adjusted basis in the landscaping at the end of five years? Explain with references to primary sources.

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Accounting Basics: What is its adjusted basis in the landscaping at the end of
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