Nonrecaptured § 1231 losses from the six prior tax years may cause current-year net § 1231 gain to be treated as ordinary income.
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Q10: Personal use property casualty gains and losses
Q11: Involuntary conversion gains may be deferred if
Q12: The Code contains two major depreciation recapture
Q13: Section 1231 property includes nonpersonal use property
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Q16: For § 1245 recapture to apply, accelerated
Q17: Section 1231 property generally does not include
Q18: A personal use property casualty loss that
Q19: Section 1231 property generally does not include
Q20: Section 1231 applies to the sale or
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