Basic Federal Income Taxation: Property Transactions: Section 1231 Mechanics

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This lesson is best used after studying Federal Income Taxation: Property Transactions, in class. The lesson includes problem sets to work through, allowing you to apply the Code and Regs. to a variety of situations involving Internal Revenue Code section 1231 mechanics.

Learning Outcomes
On completion of the lesson, the student will be able to:
Identify the character of gains and losses with respect to sales of 1231 property.

8 minutes

Basic Federal Income Taxation: Property Transactions: Section 1231 Mechanics
by
James Edward Maule
Professor of Law
Villanova University School of Law


Charlene Luke
Professor and Associate Dean for Tax Programs
University of Florida Levin College of Law



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Version 07/23/2019