Which of the following are part of the depreciable basis of a limited partner in a real estate DPP?
I. Land.
II. Buildings.
III. Supplies used for cleaning and maintenance.
IV. Air conditioning equipment.
A) I and III.
B) II and IV.
C) II and III.
D) I and IV.
Answer: B) II and IV.
Business
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Indicate whether the statement is true or false
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