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Ibrahim purchased a house in 2019 and rented it out the entire time he owned...

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Accounting

Ibrahim purchased a house in 2019 and rented it out the entire time he owned it. His adjusted basis in the property before depreciation is $274,500($41,500 attributable to land). In 2021, Ibrahim sold the property for $320,000 with $7,500 in deductible expenses. The total depreciation claimable was $17,093.

What is Ibrahim's taxable gain on the disposition of the building?

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