Over the Past 30 Years,the Median Price of Existing Homes

Austin has invested $50,000 as one of 5 general partners in a large shopping center that was purchased for $900,000.The shopping center has been unsuccessful and the 15 unlimited partners fear that the property could be foreclosed upon soon.What amount is Austin liable for if the project fails? A)$60,000 B)$18,000 C)$180,000 D)$900,000 E)$50,000

What is the approximate annual depreciation for tax purposes on other types of real estate besides residential real estate if the property was purchased at a cost of $300,000? A)$10,000 B)$11,111 C)$3,000 D)$9,524 E)$10,909