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1. Why do we have depreciation recapture? What does depreciation recapture accomplish? 2. What is the difference between 1245 recapture and 1250 recapture? Is there

1. Why do we have depreciation recapture? What does depreciation recapture accomplish? 2. What is the difference between 1245 recapture and 1250 recapture? Is there a different tax rate? 3. How would you report 1231 gain on a tax return? How would you report ordinary recapture?

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