If Realized Gain from Disposition of Business Equipment Exceeds Total

question 33

True/False

If realized gain from disposition of business equipment exceeds total depreciation or cost recovery,a portion of the gain will receive Sec.1231 treatment if the equipment's holding period is more than one year.

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Definitions:

Therapist Confrontation

A therapeutic technique where the therapist challenges the client's beliefs or behaviors to facilitate insight and change.

Client Value Judgments

The personal beliefs and evaluations made by clients about what is important in their lives, which can influence their decisions and behaviors in therapy.

Therapeutic Relationship

The professional bond between a therapist and client, which is crucial for the effectiveness of the therapy.

Facing Reality

The practice of acknowledging and accepting the truths and facts of one’s life and circumstances.