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What would be the taxable gain loss on a property given the

What would be the taxable gain (loss) on a property given the following information?

Sale Price $5,500,000
Repairs and Maintenance 5,000
Brokers commission 5%
Depreciation 1,000,000
Utilities 3,500
Original Purchase Price 4,000,000
Cost of new roof 350,000

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Finance Basics: What would be the taxable gain loss on a property given the

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