unrecaptured Section 1250 gain
Definition
Use this term in a sentence
“ You should try and figure out a way to use the UNRECAPTURED SECTION 1250 GAIN in your favor and make more from it. ”
“ He was a little concerned when he read the specifics of the unrecaptured Section 1250 gain and the subsequent tax rate of over twenty percent that would be paid. ”
“ Because we depreciated the portion of our home attributable to our home business we are required to pay ordinary income tax on the unrecaptured section 1250 gain upon its sale. ”