Question: Why does 1 2 5 0 recapture generally no longer apply? Congress repealed the code section. The Tax Reform Act of 1 9 8 6
Why does recapture generally no longer apply?
Congress repealed the code section.
The Tax Reform Act of changed the depreciation of real property to the straightline method.
recapture trumps recapture.
Because unrecaptured gains now apply to all taxpayers instead.
None of these.
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