Why does §1250 recapture generally no longer apply?
A) Congress repealed the code section.
B) Real property is depreciated using the straight-line method after 1986.
C) §1245 recapture trumps §1250 recapture.
D) Because unrecaptured §1250 gains now apply to all taxpayers instead.
E) None of the choices are correct.

Question

Quizplus · Accepted Answer

§1250 only recaptures excess depreciation, the excess of accelerated over straight-line depreciation and depreciation taken on real property held one year or less.

Why Does §1250 Recapture Generally No Longer Apply