Unformatted text preview: 3) Section 1231 Assets Defined 4) Section 1231 tax treatment (e.g. “bucket”, look-back rule) 5) Sec 1245 Depreciation Recapture 6) Sec 1250 Depreciation Recapture 7) Sec 291 Depreciation Recapture 8) Real Estate 25% gain (Unrecaptured Sec 1250 gain) EXTRA CREDIT PROBLEMS 1) At-Risk Rules 2) Passive Loss Limitations (definition, loss limitations) 3) Rental Real Estate Exception to Passive Loss Limits Note: You should also expect to calculate depreciation expense (including in the year of disposal)....
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- Spring '10
- Depreciation, Depreciation recapture, loss limitations, passive loss limitations, dual basis issue