Section 1250
Section 1250
Section 1250 is the part of the U.S. Tax Code that mandates the treatment of gains earned from the sale of real estate that has been depreciated on an accelerated basis. Any gain in excess of what would have been earned had the property been depreciated on a straight line basis, is taxed as regular income.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.39 |
| 5/1 ARM | 3.69 |
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