Assume the following facts brett farvrvee sold a

Reference no: EM13597425

Assume the following facts. Brett Farvrvee sold a commercially rented warehouse for $200,000 on January 15, 2012. Assume total depreciation Brett claimed is $75,000. He originally purchased the warehouse for $300,000 on January 14, 2007. How much unrecaptured Section 1250 gain will Brett have to report in 2012 as a result of this sale?

Reference no: EM13597425

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