Danzel purchased a new stove for $500 and placed it in service in his rental house in March 2017. He elected not to claim the special depreciation allowance, and Danzel's adjusted basis including depreciation on the stove at the time of sale was $192. Danzel sold the rental house, including the stove, in October 2019. Under what property section of the Internal Revenue Code will the sale of the stove fall? Section 179.
Section 1245.
Section 1250.
Section 1255.

Danzel purchased a new stove for $500 and placed it in service in his rental house in March 2017. He elected not to claim the special depreciation allowance, and Danzel's adjusted basis including depreciation on the stove at the time of sale was $192. Danzel sold the rental house, including the stove, in October 2019. Under what property section of the Internal Revenue Code will the sale of the stove fall?

Section 179.

Section 1245.

Section 1250.

Section 1255.

yes

explanation:

answer:

mclaren

explanation:

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