If a C Corporation Uses Straight-Line Depreciation on Real Estate

question 95

True/False

If a C corporation uses straight-line depreciation on real estate (§ 1250 property), no portion of a recognized gain on the sale of the property will be recaptured as ordinary income.

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Definitions:

Pretend Play

A form of play in which children imagine scenarios and act them out, playing different roles and using objects as symbols.

Imitating Behavior

The act of copying or mimicking the actions, gestures, speech, or mannerisms of another person.

Sensorimotor Stage

The first stage in Piaget's theory of cognitive development, where infants interact with the world and learn through their senses and motor activities.

Formal Operational Stage

The stage in Jean Piaget's theory of cognitive development where individuals gain the ability to think abstractly and logically.