Examples of Qualified improvement in a sentence
Qualified improvement property described in sub- section (e)(6).’’.
Qualified improvement property is a significant expansion of the types of property that qualify, as compared to qualified leasehold improvement property, qualified restaurant property and qualified retail improvement property.
Qualified improvement property is defined as any improvement to an interior portion of a building (subject to certain exceptions below) which is nonresidential real property if such improvement is placed in service after the date such building was first placed in service.
Qualified improvement property is also eligible for section 179 expensing.
Qualified improvement" means an energy efficiency improvement which has been approved by a certifying authority or a net metering system as defined under RCW 80.60.010.