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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 29: Property Transactions: Sec1231 and Recapture
  5. Question
    Installment Sales of Depreciable Property Which Result in Recaptured Income
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Installment Sales of Depreciable Property Which Result in Recaptured Income

Question 9

Question 9

True/False

Installment sales of depreciable property which result in recaptured income under Secs.1245 or 1250 require that the recaptured income be recognized in the year of sale.

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