Brad sold a rental house that he owned for $249,000. Brad bought the rental house five years ago for $226,000 and has claimed $49,500 of depreciation expense. What is the amount and character of Brad's gain or loss? Multiple Choice None of the choices are correct. $72,500 ordinary gain. $23,000 ordinary and $49,500 unrecaptured 1250 gain. $72,500 capital gain. $23,000 1231 gain and $49,500 unrecaptured 1250 gain.