and de adjustments must be necessary. Exam Question 17 Which of the following rules override the IRC 1231 rules with respect to involuntary conversions of property used in a business and held for more than one year? A IRC 64 ordinary gain rules and IRC 65 ordinary loss rules B IRC 65 ordinary loss rules and IRC 1245 recapture rules C IRC 1245 recapture rules and IRC 1250 recapture rules D IRC 1250 recapture rules and IRC 64 ordinary gain rules https://cpe.checkpointleaming thomsonreuters.com/CourseContent/Content/TRTA/682539/ebook/print preview.htm 80/81 ne