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When does unrecaptured 1250 gains apply? When the taxpayer makes the election. It applies only when non-corporate taxpayers sell depreciable real property at a gain.

When does unrecaptured 1250 gains apply?

When the taxpayer makes the election.

It applies only when non-corporate taxpayers sell depreciable real property at a gain.

It applies when 1245 recapture trumps 1250 recapture.

It applies only when real property purchased before 1986 is sold at a gain.

None of the choices are correct.

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