Question: Which is the most common reason why Section 1250 is rarely applicable? A. Taxpayers rarely sell real property B. Taxpayers elect to apply Section 1245
Which is the most common reason why Section 1250 is rarely applicable?
A. Taxpayers rarely sell real property B. Taxpayers elect to apply Section 1245 rather than Section 1250 C. Taxpayers have been required to depreciate real property straight-line since 1986 D. Real property is usually sold at a loss rather than a gain E. Taxpayers often fail to recognize the applicability of this provision
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