Comp SM_Ch14 - CHAPTER 14 PROPERTY TRANSACTIONS: CAPITAL...

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Unformatted text preview: CHAPTER 14 PROPERTY TRANSACTIONS: CAPITAL GAINS AND LOSSES 1231, AND RECAPTURE PROVISIONS SOLUTIONS TO PROBLEM MATERIALS Status: Q/P Question/ Present in Prior Problem Topic Edition Edition 1 Issue ID Unchanged 2 2 Definition of capital assets New 3 Nonbusiness bad debts New 4 Worthless securities New 5 Issue ID Unchanged 6 6 Patents Unchanged 7 7 Lease cancellation New 8 Issue ID Unchanged 10 9 Issue ID Unchanged 11 10 Capital loss carryovers Unchanged 12 11 Section 1231 holding period New 12 Section 1231 assets New 13 Casualties and 1231 New 14 Issue ID New 15 Issue ID Unchanged 14 16 Section 1231: realized versus recognized Unchanged 15 17 Section 1231: business use property condemnation Unchanged 16 18 Issue ID Unchanged 17 19 Section 1231 gain from disposition with 1245 depreciation recapture Unchanged 18 20 Issue ID Unchanged 19 21 Section 1245 recapture and short-term holding period Unchanged 20 22 Section 1245 recapture and nonresidential real estate Unchanged 21 23 Issue ID Unchanged 22 24 Section 1250 and residential real estate Unchanged 23 25 Section 1250 recapture Unchanged 24 14-1 14-2 2005 Comprehensive Volume/Solutions Manual Status: Q/P Question/ Present in Prior Problem Topic Edition Edition 26 Recapture and holding period Unchanged 25 27 Residential rental housing Unchanged 26 28 Unrecaptured 1250 gain Unchanged 27 29 Depreciation recapture and gifts Unchanged 28 30 Depreciation recapture and death Unchanged 29 31 Depreciation recapture for corporation: property distributions Unchanged 30 32 Related party transactions Unchanged 31 33 Capital assets Modified 32 34 Capital assets Unchanged 33 35 Capital assets Unchanged 34 * 36 Section 1237 treatment Modified 35 37 Nonbusiness bad debt and worthless securities, 1244 stock Modified 36 38 Options New 39 Patents Unchanged 38 40 Franchises Unchanged 39 41 Lease cancellation Unchanged 40 42 Gifts and holding period New 43 Short sale New * 44 Net capital gain Unchanged 42 * 45 Net capital gain Unchanged 43 46 Capital asset, holding period, and basis New * 47 Capital loss carryover and negative taxable income New * 48 Net capital gain and alternative tax New 49 Net capital gain and alternative tax Modified 44 50 Corporate net capital loss and carryover Unchanged 45 51 Covenant not to compete versus goodwill Unchanged 46 52 Section 1231 computation and farm assets Unchanged 47 53 Section 1231 nonpersonal use property casualty Unchanged 48 54 Section 1231 lookback Unchanged 49 55 Section 1231 gain and loss planning Unchanged 50 56 Section 1245 recapture Unchanged 51 57 Section 1245 recapture and 1231 lookback Unchanged 52 58 Section 1231 gain, 1250 recapture, and unrecaptured 1250 gain Unchanged 53 59 Comprehensive 1231, 1245, and 1250 Unchanged 55 60 Sections 1245 and 1250 recapture, 1231 gain, and unrecaptured 1250 gain Unchanged 56 61 Section 1245 and gifts Unchanged 58 62 Section 1245 and inheritances New 63 Section 1245 and charitable contributions New...
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Comp SM_Ch14 - CHAPTER 14 PROPERTY TRANSACTIONS: CAPITAL...

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