Depreciable Property

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August 24, 2024 4 min read Definitions
Section 1231 Property: Definition, Examples, and Tax Treatment
Taxation Accounting Section 1231 Depreciable Property Capital Gains Tax Code Business Property
Explore the intricacies of Section 1231 property, including its definition, examples, and tax treatment. Understand how this tax code affects gains on the sale of depreciable business property held for over a year.
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