Why does §1250 recapture generally no longer apply?
A. Congress repealed the code section.
B. The Tax Reform Act of 1986 changed the depreciation of real property to the straight-line method.
C. §1245 recapture trumps §1250 recapture.
D. Because unrecaptured §1250 gains now apply to all taxpayers instead.
E. None of these.
Answer: B. The Tax Reform Act of 1986 changed the depreciation of real property to the straight-line method.