If a Section 1250 asset is sold by an individual taxpayer at a gain of $14,000 and has accumulated depreciation of $8,000 using the straight-line method, $ of the gain will be recaptured as ordinary income. If a Section 1245 asset is sold at a gain of $14,000 and has accumulated depreciation will be recaptured as ordinary income. of $8,000, $

If a Section 1250 asset is sold by an individual taxpayer at a goin of $14.000 and has accumulated depreciation of $8.000 using the straight-line method, $ of the gain will be recaptured as ordinary income. If a Section 1245 asset is sold at a poin of $14,000 and has accumulated depreciation of $8,000,5 will be'recaptoed as ordinary income