Keshara has the following net § 1231 results for each of the years shown. What would be the nature of the net gains in 2011 and 2012?
Tax Year |
Net § 1231 Loss |
Net § 1231 Gain |
2007 |
$16,000 |
|
2008 |
33,000 |
|
2009 |
32,000 |
|
2010 |
$41,000 |
|
2011 |
30,000 |
|
2012 |
41,000 |