Explain the difference between ordinary, capital, and 1231 assets.© BrainMass Inc. brainmass.com June 4, 2020, 1:52 am ad1c9bdddf
Explain the difference between ordinary, capital, and 1231 assets.
These differences are being given from the perspective of the tax law.
1231 assets are those that are described in the 26 USCA section 1231 ...
This answer provides you an excellent discussion on ordinary, capital, and 1231 assets.