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income property

   Also found in: Financial 0.04 sec.
income property
n.
Real estate that produces current income, typically from rental payments.


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Massey Knakal Realty Services' newly-released New York City Income Property Market Report, prepared by Miller Cicero, LLC, reveals that all indicators suggest higher values in the first half of 2006 for walk-ups, elevatored buildings and mixed-use properties.
If the property more closely resembles a capital asset, it is capital; if it more closely resembles ordinary income property, it is ordinary income.
She has also served as a guest lecturer at, UCLA School of Management and is a frequent speaker for various trade groups including the Mortgage Bankers Association and Income Property Lending Conferences.
 
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