Why does §1250 recapture generally no longer apply?
A) Because unrecaptured §1250 gains now apply to all taxpayers instead.
B) §1245 recapture trumps §1250 recapture.
C) The Tax Reform Act of 1986 changed the depreciation of real property to the straight-line method.
D) Congress repealed the code section.
E) None of the choices are correct.
Correct Answer:
Verified
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