Must be used in a trade or business or held for the production of income for either rental residential or nonresidential purposes. What rehabilitations qualify?
Related Questions
- What is the difference between the taxation of income that is effectively connected with a trade or business in the United States and income that is not effectively connected with a trade or business in the United States?
- Must be used in a trade or business or held for the production of income for either rental residential or nonresidential purposes. What rehabilitations qualify?
- Is the sale of vacant land, even by a business but not used for income producing purposes (e.g. a parking lot), a bulk sale transfer?
