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Jason purchased a rental building in March 2016 for $295000 (disrgarding land valve). He sold the building in Augus 2021 for $430000. The allowable depreciation

Jason purchased a rental building in March 2016 for $295000 (disrgarding land valve). He sold the building in Augus 2021 for $430000. The allowable depreciation on the property was $58101. Under what section of the Internal Revenue code wil the sale of this bulding fall?

Section 179

Sectuib 1245

Section 1250

Section 1255

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