Section 1231 property generally includes certain purchased intangible assets (such as patents and goodwill) that are eligible for amortization and held for more than one year.
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Q1: Rental use depreciable machinery held more than
Q3: If § 1231 asset casualty gains and
Q4: Section 1245 applies to amortizable § 197
Q5: The maximum § 1245 depreciation recapture generally
Q6: Once § 1231 gains are netted against
Q7: Casualty gains and losses from nonpersonal use
Q8: An individual business taxpayer owns land on
Q9: A net § 1231 loss is treated
Q10: Personal use property casualty gains and losses
Q11: Involuntary conversion gains may be deferred if
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