nonresidential real property
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “nonresidential real property” includes residential rental property.
Source
- 1994–present26 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · 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.
Source
- 1994–present26 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · for purposes of this section