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Income Tax Planning
Chapter 12: Business Assets/TYPES OF SECTION 1231 PROPERTY
Warren Academy Course SyllabusSyllabus Slides
Chapter Study Session

Chapter 12: Business Assets

TYPES OF SECTION 1231 PROPERTY

01.Core Concepts

Section 1245 Property • Tangible personal property • Example: machinery and equipment Section 1250 Property • Real property • Example: buildings and structures