Enrolled Agent Exam [Part 2] 47, Section 1250 Depreciation Recapture

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The key difference between Section 1250 recapture for real property and Section 1245 recapture for personal property. - Why ordinary income recapture on Section 1250 assets is rare for property placed in service after 1986. - How to calculate unrecaptured Section 1250 gain, which is the lesser of total gain or accumulated straight-line depreciation. - That unrecaptured Section 1250 gain is taxed at a special maximum rate of 25%. - That gains and losses from the sale of business real property are reported on Form 4797. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep