At first, it can seem that there can be as many meanings for daisies as there are species of daisies. However, the most generally accepted meanings are: Innocence, especially with white daisies with yellow or pale centers.
Depreciation recapture is a tax provision that allows the Internal Revenue Service (IRS) to collect taxes on any profitable sale of asset that the taxpayer had used to offset his or her taxable income.
If the net is a loss-it is an ordinary loss. 1245 property, includes depreciable assets held by a business for intergral use. If the property has been depreciated, the recapture of depreciation is ordinary income, with any gain in excess of depreciation recapture considered a capital gain.For instance.231 property does not include assets held for resale, such as inventory. Section 1231 tax effects provide the best of both worlds from a taxation standpoint-losses are ordinary losses and gains are considered capital gains. If the net of asset sales on 1231 property exceed cost-the gain is a capital gain.