Examlex
Tasks that put a great load on working memory are associated with
FMV
The estimated sales price of an asset in the marketplace where both buyer and seller are informed and willing.
Code Sections 1245
Refers to a section of the U.S. Internal Revenue Code that deals with the recapture of depreciation upon the sale of certain types of business property.
Recapture Provisions
Regulations that allow the government to collect taxes on previously deducted or credited investment income when certain assets are sold or disposed of.
Real Property
Land and anything permanently attached to the land, like buildings, is considered real property.
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