Qualified property

(Law) that which depends on temporary possession, as that in wild animals reclaimed, or as in the case of a bailment.

See also: Qualified

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5 percent of the unadjusted basis of qualified property determined immediately after its acquisition of such qualified property.
Bruce Rauner has signed a tax credit into law worth up to $750 for owners of qualified property in Kane County that suffered flood damages in July 2017.
132(c) as a discount with respect to qualified property or services that, in the case of property, does not exceed the gross profit percentage of the price at which the property is offered to customers, or, in the case of services, does not exceed 20% of the price at which the services are offered to customers.
the contracting authority wishes to establish a panel of suitably qualified property service providers on a framework agreement for the provision of property services over the next four years.
SMART Efficient Solutions works directly with Ygrene to seek out qualified property owners, educate them on the benefits of the PACE program and help those property owners who choose to participate to find the right program-approved contractors to effect clean energy upgrades such as new energy efficient air conditioning systems, roofing, impact windows, solar panels, spray foam insulation and more.
Before the PATH Act, qualified property for bonus depreciation under Sec.
Freddie Mac is encouraging energy efficiency and affordability in apartment properties and strengthening the market for green investments by offering a Green Rebate to borrowers on qualified property loans who voluntarily provide an ENERGY STAR score with their loan documents.
Landmark Dividend LLC is one of the nation's leading ground lease acquisition companies, providing value, capital and liquidity to qualified property owners of ground leases for cellular towers, billboards, fiber and alternative energy infrastructure.
Under current law, a bonus depreciation allowance generally applies to qualified property acquired and placed in service after December 31, 2011, and before January 1, 2013.
100% Bonus Depreciation--The 100% bonus depreciation allowance applies for qualified property acquired and placed in service after Sept.
Qualified property includes property to which (MACRS) depreciation applies with a recovery period of 20 years or less.
In 2011, it was scheduled to revert back to a $25,000 deduction and a phase out if more than $200,000 of qualified property was purchased.
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