Which of the Following Would Extinguish the § 1245 Recapture

question 4

Multiple Choice

Which of the following would extinguish the § 1245 recapture potential?

• A)An exchange of depreciable business equipment for like-kind business equipment with gain realized but not recognized.
• B)A nontaxable incorporation under § 351.
• C)A nontaxable contribution to a partnership under § 721.
• D)A nontaxable reorganization.
• E)None of these.

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Definitions:

Research Objective

A specific, concise, and achievable goal that guides the direction and focus of a research project.

Relevant Secondary Data

Previously collected and published data by someone other than the user, identified as pertinent to a current research problem or question.

Marketing Research Project

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Churn Rate

A measure of the percentage of customers or subscribers who stop using a company’s services during a given time frame.