Section 1250 is referred to as the partial recapture rule since only a portion of the depreciation allowed may be recaptured.
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Q4: During the current year, Q sold a
Q5: The long-term holding period under § 1231
Q6: Nonresidential real property acquired during the years
Q7: Unharvested crops sold along with land do
Q8: There is never any depreciation recapture on
Q10: As part of the § 1231 netting
Q11: As a general rule, § 1245 (i.e.,
Q12: Both land and a building used as
Q13: During the current year, X sold an
Q14: If § 1245 property is sold on
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