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IRS.gov Website
Publication 544
taxmap/pubs/p544-009.htm#en_us_publink100072473

Exclusion of Gain From Sale of DC Zone Assets(p21)

rule
If you sold or exchanged a District of Columbia Enterprise Zone (DC Zone) asset acquired after 1997 and before 2012, held for more than 5 years, you may be able to exclude the qualified capital gain.
taxmap/pubs/p544-009.htm#en_us_publink100072474

DC Zone asset.(p21)

rule
A DC Zone asset is any of the following.
taxmap/pubs/p544-009.htm#en_us_publink100072475

Qualified capital gain.(p21)

rule
The qualified capital gain is any gain recognized on the sale or exchange of a DC Zone asset that is a capital asset or property used in a trade or business. It does not include any of the following gains.
See section 1400B of the Internal Revenue Code for more details on DC Zone assets and special rules.