• § 1231. Property used in the trade or business and involuntary conversions

• [§§ 1232 to 1232B. Repealed.

• § 1233. Gains and losses from short sales

• § 1234. Options to buy or sell

• § 1234A. Gains or losses from certain terminations

• § 1234B. Gains or losses from securities futures contracts

• § 1235. Sale or exchange of patents

• § 1236. Dealers in securities

• § 1237. Real property subdivided for sale

• [§ 1238. Repealed.

• § 1239. Gain from sale of depreciable property between certain related taxpayers

• [§ 1240. Repealed.

• § 1241. Cancellation of lease or distributor’s agreement

• § 1242. Losses on small business investment company stock

• § 1243. Loss of small business investment company

• § 1244. Losses on small business stock

• § 1245. Gain from dispositions of certain depreciable property

• [§§ 1246, 1247. Repealed.

• § 1248. Gain from certain sales or exchanges of stock in certain foreign corporations

• § 1249. Gain from certain sales or exchanges of patents, etc., to foreign corporations

• § 1250. Gain from dispositions of certain depreciable realty

• [§ 1251. Repealed.

• § 1252. Gain from disposition of farm land

• § 1253. Transfers of franchises, trademarks, and trade names

• § 1254. Gain from disposition of interest in oil, gas, geothermal, or other mineral properties

• § 1255. Gain from disposition of section 126 property

• § 1256. Section 1256 contracts marked to market

• § 1257. Disposition of converted wetlands or highly erodible croplands

• § 1258. Recharacterization of gain from certain financial transactions

• § 1259. Constructive sales treatment for appreciated financial positions

• § 1260. Gains from constructive ownership transactions