Question: Why does 1250 recapture generally no longer apply? Congress repealed the code section Real property is depreciated using the straight-line method after 1986 1245 recapture

Why does 1250 recapture generally no longer apply?

Congress repealed the code section

Real property is depreciated using the straight-line method after 1986

1245 recapture trumps 1250 recapture

Because unrecaptured 1250 gains now apply to all taxpayers instead

None of the choices are correct

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