Which of the following real property could be subject to § 1250 depreciation recapture?
A) Leasehold improvements placed in service in 2012 on which § 168(k) additional first-year depreciation was taken.
B) A building acquired in 1997 on which straight-line depreciation was taken.
C) Equipment on which accelerated depreciation was taken.
D) Land which was not depreciated.
E) a.and b.
Correct Answer:
Verified
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