Mr. Briggs purchased an apartment complex on January 10, 2016, for $6,000,000 with 20% of the price allocated to land. Depreciation allowed was $650,000 under MACRS. He sells the complex on October 22, 2019, for $8,000,000 again with 20% of the selling price allocated to the land.

How much of the gain on the building will be treated as unrecaptured Section 1250 gain, i.e., subject to a maximum rate of 25%?