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I appreciate your help. 3. Residential rental real estate is classified as what kind of property? A. Section 179 B. Section 1231 C. Section 1245

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3. Residential rental real estate is classified as what kind of property? A. Section 179 B. Section 1231 C. Section 1245 D. Section 1250

4. Which of the following is an example of an exempt organization that may be subject to unrelated business income tax? A. A college bookstore that sells collegiate clothing B. A church that rents its non-debt financed basement to a for-profit organization monthly

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