Question: 1 8 . Roger owns an apartment complex with a FMV of $ 2 million. If he sells the apartment complex, $ 7 0 0

18. Roger owns an apartment complex with a FMV of $2
million. If he sells the apartment complex, $700,000
of the gain is Sec. 1231 gain with $600,000 taxed
at 25% because it is unrecaptured Sec. 1250 gain. If
he dies before selling the apartment complex and his
estate sells the property for $2 million, how much or-dinary income must the estate recognize?

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