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