Section 1231 Gains and Losses


Section 1231 Gains and Losses are tax rules affecting the treatment of gains or losses from the sale of depreciable business property or real estate, where gains are taxed at favorable capital gains rates and losses are treated as ordinary losses.

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About Nick Aiola

Nick Aiola is the CEO of Aiola CPA, PLLC - a 100% virtual CPA firm, specializing in tax planning and preparation for real estate investors.