A building (a Section 1231 asset that is also a Section 1250 asset) was purchased on March 10, Year 1 for $730,000. It is residential real property (27.5-year MACRS property) and cost recovery (accumulated depreciation) totals $252,167 when it is sold. The property was sold for $860,000 on September 10 , Year 10. 5. How much of the gain (loss) is 1231 gain (loss) that is unrecaptured 1250? A building (a Section 1231 asset that is also a Section 1250 asset) was purchased on March 10 , Year 1 for $730,000. It is residential real property (27.5-year MACRS property) and cost recovery (accumulated depreciation) totals $252,167 when it is sold. The property was sold for $860,000 on September 10 , Year 10. 6. How much of the gain (loss) is 1231 gain (loss) that is not unrecaptured 1250