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Which of the Following Events Could Result in § 1250

Question 40

Multiple Choice

Which of the following events could result in § 1250 depreciation recapture?


A) Sale at a loss of a depreciable business building held more than one year.
B) Sale at a gain of a business building held more than a year on which straight-line depreciation was taken.
C) Sale at a loss of a depreciable business building held for nine months.
D) Sale at a gain of depreciable equipment held more than a year on which straight-line depreciation was taken.
E) None of these.

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