Which of the following is not true about capital assets?

Group of answer choices

A) Real property used in a trade or business is not a capital asset.

B) Capital losses may be carried back for 3 years to offset capital gains in those years.

C) For 2009, net long-term capital gains are granted preferential tax treatment.

D) Individual taxpayers may deduct net capital losses of up to $3,000 per year.

E) Shares of stock held for investment are capital assets.