This is a depreciation recapture. However, if taxpayer instead sells the property for $1200, because his recomputed basis is $600, $400 of the gain is taxed as ordinary income and $200 is taxed at the more favorable capital gains tax rate.
The tuition charge is $10,088 while room and board is $8,270, books and supplies are $1,130 and other fees come in at $1,929. Residents of Virginia pay an annual total price of $21,417 to attend Virginia Tech on a full time basis.
Mercer County Technical Education Center charged in-state students $0 in tuition fees per year. Cosmetology schools in West Virginia, charge students an average tuition of $193 per year. But, tuition can be as much as $2,122 per year, or as little as $2,122 per year. The West Virginia cosmetology schools with the highest tuition rates in 2010 were: