A race horse must be held more than 18 months to qualify as a § 1231 asset.
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Q1: Rental use depreciable machinery held more than
Q2: Section 1231 property generally includes certain purchased
Q7: Casualty gains and losses from nonpersonal use
Q11: Involuntary conversion gains may be deferred if
Q16: For § 1245 recapture to apply, accelerated
Q22: The following assets in Jack's business were
Q23: Part II of Form 4797 is used
Q26: Section 1231 property generally does not include
Q40: In the "General Procedure for § 1231
Q60: Section 1250 depreciation recapture will apply when
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