Why is Section 1250 recapture inapplicable to sales of realty subject to MACRS depreciation?

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Principles Of Taxation For Business And Investment Planning 2016 Edition

ISBN: 9781259549250

19th Edition

Authors: Sally Jones, Shelley Rhoades Catanach

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Question Posted: Nov 03, 2015 05:20 AM

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Section 1250 recapture applies to which of the following? a. Section 1231 real properly sold at a gain with accumulated depreciation in excess of straight line. b. Section 1231 personal property sold...
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Why is Section 1250 recapture inapplicable to sales of realty subject to MACRS depreciation?

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Under the Section 1250 partial recapture rule only that portion of ...View the full answer

Principles Of Taxation For Business And Investment Planning 2016 Edition

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