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Question Content AreaMaria owns depreciable residential rental real estate that has accumulated depreciation of $ 6 5 , 0 0 0 ( all from straight

Question Content AreaMaria 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 1245 gain.
b. Section 1231 gain.
c. Section 1250 gain.
d. Section 1239 gain.

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