For § 1245 recapture to apply, accelerated depreciation must have been taken on the property.
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Q11: Involuntary conversion gains may be deferred if
Q12: The Code contains two major depreciation recapture
Q13: Section 1231 property includes nonpersonal use property
Q14: A sheep must be held more than
Q15: Nonrecaptured § 1231 losses from the six
Q17: Section 1231 property generally does not include
Q18: A personal use property casualty loss that
Q19: Section 1231 property generally does not include
Q20: Section 1231 applies to the sale or
Q21: Red Company had an involuntary conversion on
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