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Is the sale of Section 1245 & Section 1250 assets both

Is the sale of Section...
Is the sale of Section 1245 & Section 1250 assets both reported in part III of Form 4797 & does this also include the assets held less than 1 year?
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Answered in 26 minutes by:
8/15/2017
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 14,460
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
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Hi. my name's Lane. Looks like no one's picking this up.

...

Yes, §§ 1245 and 1250 are reported on part III.

...

Assets held less than one year are reported in part II (line 10)

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Customer reply replied 10 months ago
Lane,I have been unable to rate you. Do you have to do anything on your end?Thanks.

Woops sorry - didn't check the box - Thanks so much

Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 14,460
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
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