Which of the Following Events Could Result in § 1250

question 7

Multiple Choice

Which of the following events could result in § 1250 depreciation recapture?

• A)Sale at a loss of a depreciable business building held more than one year.
• B)Sale at a gain of a business building held more than a year on which straight-line depreciation was taken.
• C)Sale at a loss of a depreciable business building held for 9 months.
• D)Sale at a gain of depreciable equipment held more than a year on which straight-line depreciation was taken.
• E)None of these.

---

Definitions:

Defense Mechanism

Psychological strategies used by individuals unconsciously to protect themselves from anxiety or unacceptable thoughts and feelings.

Homophobia

The fear, hatred, or prejudice against homosexual people or homosexuality in general, often leading to discrimination.

Oedipus Complex

According to Freud, a boy’s intense desire to replace his father and enjoy the affections of his mother.

Affections

The feelings of fondness or liking directed toward someone or something.