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All of the following are capital assets except: A. 100 Shares of UVX stock. B. A...

All of the following are capital assets except: A. 100 Shares of UVX stock. B. A used car by a ride-hail service driver. C. A fully rented apartment building D. Municipal bonds

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Answer #1

All of the following are capital assets except A fully rented apartment building because Real property, such as a building, used in your trade or business or as rental property, even if the property is fully depreciated, is not a capital asset.

Hence, in this case, the right answer is option C .

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