Question
Why does 1250 recapture generally no longer apply? Congress repealed the code section Real property is depreciated using the straight-line method after 1986 1245 recapture
Why does 1250 recapture generally no longer apply?
| Congress repealed the code section | ||
| Real property is depreciated using the straight-line method after 1986 | ||
| 1245 recapture trumps 1250 recapture | ||
| Because unrecaptured 1250 gains now apply to all taxpayers instead | ||
| None of the choices are correct |
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Valuation For Accountants A Short Course Based On IFRS
Authors: Stephen Lynn
1st Edition
9811503567, 9789811503566
