Examples of Qualified improvement in a sentence
Qualified improvement property described in sub- section (e)(6).’’.
Qualified improvement property de- scribed in subsection (e)(6).’’.
Qualified improvement property has a broad definition, including any improvement to the interior portion of a building that isnonresidential real property if such improvement is placed in service after the date such building was first placed in service, but is narrower than the former rule for restaurant property.
Qualified improvement property is recovered over 15 years on a straight-line basis (under amended Section 168(b)(3)(G)), as was previously the case for qualified leasehold improvement, qualified restaurant, and qualified retail improvement property.Tax & Real EstateLegal Alert Author Christian M.
H9958CONGRESSIONAL RECORD — HOUSEDecember 15, 2017‘‘(G) Qualified improvement property de- scribed in subsection (e)(6).’’.