Why is the cost of certain kinds of property not recoverable at all by way of de-preciation, depletion, or amortization deductions? In addition to answering that question, give three examples of the kinds of assets that are not subject to “cost recovery”

CONCEPTS IN FED.TAX.,2020-W/ACCESS
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Chapter12: Nonrecognition Transactions
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Why is the cost of certain kinds of property not recoverable at all by way of de-preciation, depletion, or amortization deductions? In addition to answering that question, give three examples of the kinds of assets that are not subject to “cost recovery” 

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Cost of some assets are not recoverable because of the main reason that these assets do not qualify as trading assets.

Personal-Use property includes those assets or property which are not used for business purposes and are used for own purposes. As the assets are not used in Business Activities they are not qualified for cost recovery by any way of depreciation, depletion, amortization, etc.

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