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Glossary > S > "Section 1250" Definition

Section 1250

The section of the IRS code pertaining to real estate that has been subjected to accelerated depreciation and then sold for a gain. Gains from this type of property should be treated as ordinary income instead of capital gains.

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Section 1250 - The section of the IRS code pertaining to real estate that has been subjected to accelerated depreciation and then sold for a gain. Gains from this type of property should be treated as ordinary income instead of capital gains.

Section 1250 : the section of the irs code pertaining to real estate that has been subjected to accelerated depreciation and then sold for a gain. gains from this type of property should be treated as ordinary income instead of capital gains.