For § 1245 Recapture to Apply, Accelerated Depreciation Must Have

question 61

True/False

For § 1245 recapture to apply, accelerated depreciation must have been taken on the property.

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Definitions:

Sales Technology Tools

Sales technology tools are software and electronic devices designed to support and enhance the sales process.

CRM System

Customer Relationship Management System; technology for managing a company’s relationships and interactions with current and potential customers.

Calendar And Time Management Systems

Tools and techniques used to organize, schedule, and manage time effectively, including both digital and physical calendars.

Microsoft Outlook

A personal information manager software system from Microsoft, primarily used as an email application, it also includes calendar, task manager, contact manager, note taking, and journal.