A Building Used in a Business for More Than a Year

question 26

Multiple Choice

A building used in a business for more than a year is sold.Sec.1250 will not cause depreciation recapture if

• A)the building is fully depreciated.
• B)the building was placed in service after 1986.
• C)straight-line depreciation was used.
• D)all of the above.

---

Definitions:

Evidence

Evidence consists of facts, documents, or testimony that are used to establish the truth or falsehood of a claim in legal proceedings.

USA Patriot Act

Legislation enacted in 2001 to enhance domestic security and broaden the powers of law enforcement agencies in response to the September 11 attacks.

Roving Wiretaps

Surveillance authority that allows law enforcement to monitor communication devices used by a suspect without specifying the devices in advance.

Law Enforcement

The system by which members of society (such as police officers and agencies) are responsible for ensuring adherence to laws, maintaining public order, and preventing and investigating crimes.