Section 1231 property includes nonpersonal use property where casualty losses exceed casualty gains for the taxable year.
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Q3: If § 1231 asset casualty gains and
Q10: Personal use property casualty gains and losses
Q12: The Code contains two major depreciation recapture
Q17: A personal use property casualty loss is
Q20: Section 1231 applies to the sale or
Q26: Short-term capital losses are netted against long-term
Q31: Nonrecaptured § 1231 losses from the seven
Q32: Short-term capital gain is eligible for a
Q35: A net short-term capital loss first offsets
Q38: An individual taxpayer with 2012 net short-term
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