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Question 1.pngWhy is it 7.5/12 and 1.5/12 ? I honestly dont get it.

Could you please explain to me how that works? like counting months as number? like 7.5 or 1.5

Question 1.png

8) You purchased a commercial building and lot for $240,000 on May 4th, 2014. The lot itself
was valued at $85,000 when purchased. You sold the lot and building for $400,000 on Feb 15th
of 2015. Use MACKS depreciation and note that this property is considered non-residential real
What are your allowable tax depreciation amounts for those two years?
(240,000 - 85, 6050 ) (1.60262
(2 , 484) or
2015 / 240 Our - 85, cool. 32052
7 497
on 280 *- 55k
percentages from Table 9.9
15 497

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