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Rustin bought used 7-year class property on May 15, 2014, for $72,000. Rustin elects § 179 and straightline cost recovery. Rustin's taxable income would not create a limitation for purposes of the § 179 deduction. Determine the maximum write-off Rustin can take in 2014.
Investment Opportunity
A potential financial investment that may yield returns, including stocks, bonds, real estate, or starting a new business venture.
Return On Investment
A profitability ratio that calculates the return gained on an investment relative to the investment’s cost.
Investment Opportunity
Investment Opportunity is a term used to describe a business, project, or asset that has the potential to generate significant financial returns or profits.
Minimum Required Rate
The lowest acceptable rate of return on an investment, set by the investor.
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