qualified long-term real property
Defined in 1 place of the United States Code.
The term “qualified long-term real property” means nonresidential real property which is part of, or otherwise present at, the retail space referred to in subsection (a) and which reverts to the lessor at the termination of the lease.
Source
- 1997–present26 U.S.C. § 110Internal Revenue Code · Qualified lessee construction allowances for short-term leases · for purposes of this section