Question: Section 1 2 3 1 defines property used in a trade or business as which? Personal uses assets held for 1 year or less. Depreciable

Section 1231 defines "property used in a trade or business" as which?
Personal uses assets held for 1 year or less.
Depreciable property used in a business for 1 year or less.
Depreciable property used in a business for more than 1 year.
Real estate used in a business for 1 year or less.
All of the above.
Section 1 2 3 1 defines "property used in a trade

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