When Does Unrecaptured §1250 Gains Apply

When does unrecaptured §1250 gains apply?

A) When the taxpayer makes the election.
B) It applies only when non-corporate taxpayers sell depreciable real property at a gain.
C) It applies when §1245 recapture trumps §1250 recapture.
D) It applies only when real property purchased before 1986 is sold at a gain.
E) None of these.

Correct Answer:

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