Definition of dolmen. : a prehistoric monument of two or more upright stones supporting a horizontal stone slab found especially in Britain and France and thought to be a tomb.
Depreciation. Depreciation is accounted for as an expense. Higher depreciation leads to smaller incomes and/or bigger losses, and is included as part of the period's income or loss on the business's statement of retained earnings.
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.