A retail building used in the business of a sole proprietor is sold on March 10, 2018, for $342,000. The building was acquired in 2008 for $400,000 and straight-line depreciation of $104,000 had been taken on the building. What is the maximum unrecaptured § 1250 gain from the disposition of this building?
A) $400,000
B) $322,000
C) $104,000
D) $26,000
E) None of the above

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The Answer of A retail building used in the business of a sole proprietor is sold on March 10, 2018, for $342,000. The building was acquired in 2008 for $400,000 and straight-line depreciation of $104,000 had been taken on the building. What is the maximum unrecaptured § 1250 gain from the disposition of this building?
A) $400,000
B) $322,000
C) $104,000
D) $26,000
E) None of the above

A Retail Building Used in the Business of a Sole