Multiple Choice
Which of the following real property could be subject to § 1250 depreciation recapture?
A) A building acquired in 1986 on which accelerated depreciation was taken.
B) A building acquired in 1987.
C) Equipment on which accelerated depreciation was taken.
D) Land which was not depreciated.
E) a.and b.
Correct Answer:
Verified
Correct Answer:
Verified
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