
The adjusted basis is the cost basis less cost recovery deductions.
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Q11: The amount realized is the sale proceeds
Q12: The gain or loss realized on the
Q13: The gain or loss realized on the
Q14: Unrecaptured §1250 gain is taxed at a
Q15: Depreciation recapture changes both the amount and
Q17: §1231 assets include all assets used in
Q18: §1250 recaptures the excess of accelerated depreciation
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Q21: A net §1231 gain becomes ordinary while
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