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Section 1250 Gain Recapture
I have a potential sale in 2018 of commercial rental real estate consisting of a building and land. The date of acquisition of the building and land was 3/1/1985. The building is fully depreciated, and I am confused on 1250 gain recapture.
I have read an article written by Michael Plaks that was extremely helpful and just need a little clarification as to my understanding on this topic.
Thank you in advance!
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Michael Plaks
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
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#1 Tax, SDIRAs & Cost Segregation Contributor
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I also like articles written by Michael Plaks. My favorite tax writer.
What's your question, @ANDREA LOGAN?