The definition of "inventory" for purposes of Sec. 751 includes

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The definition of "inventory" for purposes of Sec. 751 includes depreciation recapture potential on Sec. 1231 assets. This means that assets that are subject to depreciation recapture, such as equipment or real estate, can be considered inventory under this section of the tax code. Marketable securities, land held for investment, and cash are not considered inventory for purposes of Sec. 751.

The Definition of "Inventory" for Purposes of Sec