Section 1231 property includes nonpersonal use property where casualty gains exceed casualty losses for the taxable year.

Name: Section 1231 property includes nonpersonal use property where casualty gains exceed casualty losses for the taxable year.
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Section 1231 property includes nonpersonal use property where casualty gains exceed casualty losses for the taxable year, among other types of property such as depreciable and real property used in a trade or business.

Section 1231 Property Includes Nonpersonal Use Property Where Casualty Gains