When an individual taxpayer sells depreciable real property used in a business for an amount that exceeds its original costoriginal basis, how is the gain taxed The gain due to accumulated depreciation is taxed at a max rate of 25The remaining gain is taxed at 0/15 / 20% depending on the taxpayer's Income The gain to the extent of accumulated depreciation is taxed as ordinary income. The remainder is taxed at 0/15 / 20% depending on taxpayer's Income The entire gain is Section 1231 gain and is taxed as a long term capital gain at 0/15 / 20% depending on taxpayer's income The gain to the extent of accumulated depreciation is taxed as ordinary incomeThe remaining gain is taxed at a max of 25%