The sale of computer equipment used in a trade or business for 9 months results in the following type of gain or loss?

The sale of computer equipment used in a trade or business for 9 months results in the following type of gain or loss?

The sale of computer equipment used in a trade or business for 9 months results in the following type of gain or loss?



A. Capital.


B. Ordinary.


C. §1231.


D. §1245.


E. None of these.


Answer: B. Ordinary.


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