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nonresidential real property

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 168 — for purposes of this section

The term “nonresidential real property” means section 1250 property which is not—

(i) residential rental property, or

(ii) property with a class life of less than 27.5 years.

26 U.S.C. § 168 — for purposes of this section

For purposes of this paragraph, the term “nonresidential real property” includes residential rental property.

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