Atiqa took out of service and sold a residential rental property on October 31 of this year. She had originally acquired the property in July ten years ago. The building (excluding the value of the land) cost $1,000,000. How much is her current year depreciation deduction?
A) $30,300
B) $36,360
C) $18,182
D) $28,785
D) $28,785
$1,000,000 × .03636 × 9.5/12 = $28,785 (Table 7 in Appendix C)
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