qualified acquisition indebtedness
Defined in 1 place of the United States Code.
For purposes of paragraph (3)(B), the term “qualified acquisition indebtedness” means, with respect to any real property described in paragraph (3)(A), indebtedness incurred or assumed to acquire, construct, reconstruct, or substantially improve such property.
Source
- 1994–present26 U.S.C. § 108Internal Revenue Code · Income from discharge of indebtedness · in this section