. Della purchased a commercial warehouse which has a 39 year life on February 25, 2011, for $350,000. $45,000 of the price was for the land. What is her depreciation deduction for 2011

To calculate Della's depreciation deduction for 2011, we need to determine the depreciable value of the commercial warehouse and the depreciable period.

1. Calculate the depreciable value of the commercial warehouse:
To find the depreciable value, we subtract the cost of the land from the total purchase price:
Depreciable Value = Purchase Price - Land Cost
Depreciable Value = $350,000 - $45,000
Depreciable Value = $305,000

2. Determine the depreciable period:
The commercial warehouse has a 39-year life. Since Della purchased it on February 25, 2011, we need to consider the fraction of the year it was in use for depreciation:
Depreciable Period = 365 days / 39 years * (365 days - day of purchase)
Depreciable Period = 365/39 * (365 - 56) (Calculating for February 25)
Depreciable Period = 3.409 * 309
Depreciable Period ≈ 1,054.88 days

3. Calculate the depreciation deduction for 2011:
The depreciation deduction is generally calculated using the Modified Accelerated Cost Recovery System (MACRS). Assuming the property is classified as a nonresidential real property, we use the MACRS general depreciation system (GDS) and a recovery period of 39 years.
The percentage for the first year of the recovery period is 2.564%.
Depreciation Deduction = Depreciable Value * Percentage for First Year
Depreciation Deduction = $305,000 * 0.02564
Depreciation Deduction ≈ $7,806.20

Therefore, Della's depreciation deduction for 2011 is approximately $7,806.20.