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The commercial rental property is sold. Does the parking qualify as 1245 property or 1250 property?

DRS19
Level 3
The parking lot is blacktop and it was done in 2021.  When sold, would it be considered 1245 property or 1250?
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1 Comment 1
Skylane
Level 11
Level 11

1250

If at first you don’t succeed…..find a workaround