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Maria owns depreciable residential rental real estate that has accumulated depreciation of $65,000 (all from straight-line) . If Maria sold the property, she would have

Maria owns depreciable residential rental real estate that has accumulated depreciation of $65,000 (all from straight-line) . If Maria sold the property, she would have a $53,000 gain. The initial characterization of the gain would be:

a. Section 1250 gain.

b. Section 1245 gain.

c. Section 1231 gain.

d. Section 1239 gain.

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