As a general rule, § 1245 (i.e., the full recapture rule) applies to depreciable personalty but not realty.
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Q6: Nonresidential real property acquired during the years
Q7: Unharvested crops sold along with land do
Q8: There is never any depreciation recapture on
Q9: Section 1250 is referred to as the
Q10: As part of the § 1231 netting
Q12: Both land and a building used as
Q13: During the current year, X sold an
Q14: If § 1245 property is sold on
Q15: The gain or loss on the disposition
Q16: The portion of the gain on the
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