1. The tax rate upon disposition of an asset could differ based on the type of gain or loss the asset held. These types include:

1. Transactional gains and losses, Capital gains and losses, Section 1231 gains and losses, and Personal use gains and losses
2. Ordinary gains and losses, Capital gains and losses, Section 1231 gains and losses, and Personal use gains and losses
3. Ordinary gains and losses, Transactional gains and losses, Section 1231 gains and losses, and Personal use gains and losses
4. None of the above