Question

When do unrecaptured §1250 gains apply?

Multiple Choice

• When the taxpayer makes the election.

• It applies only when noncorporate taxpayers sell depreciable real property at a gain.

• It applies when §1245 recapture trumps §1250 recapture.

• It applies only when real property purchased before 1986 is sold at a gain.

• None of the choices are correct

Answer 1

Option B
Unrecaptured section 1250 gains apply only when non corporate taxpayers sell depreciable real property at a gain. Comment if you face any issues Thank you