Gifts of Appreciated Depreciable Property May Trigger Recapture of Depreciation

question 19

True/False

Gifts of appreciated depreciable property may trigger recapture of depreciation of cost-recovery deductions to the donor as of the date of gift.

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Definitions:

Global Warming

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Disruptive Innovation

An innovation that significantly alters the way that consumers, industries, or businesses operate, often displacing established market leaders.

Digital Cameras

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