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section 1250

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Financial Dictionary

Section 1250

A section of the IRS code stating that a gain from selling real estate that has been subjected to accelerated depreciation should be treated as ordinary income instead of a capital gain.

Investopedia Commentary

Generally capital gains taxation rates are more favorable than income tax.

Related Links

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Appreciating Depreciation

See also: Accelerated Cost Recovery System-ACSR, Accelerated Depreciation, Assessed Value, Capital Gains, Depreciation, General Depreciation System, Salvage Value, Section 1245

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