Statute · United States Code
26 U.S.C. § 1019 — Property on which lessee has made improvements
26 U.S.C. § 1019
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
Neither the basis nor the adjusted basis of any portion of real property shall, in the case of the lessor of such property, be increased or diminished on account of income derived by the lessor in respect of such property and excludable from gross income under section 109 (relating to improvements by lessee on lessor's property).
Citator
26 U.S.C. § 1019 — Property on which lessee has made improvements is in force in the current edition of the Code, and nothing recorded condemns it.
Neither the basis nor the adjusted basis of any portion of real property shall, in the case of the lessor of such property, be increased or diminished on account of income derived by the lessor in respect of such property and excludable from gross income under section 109 (relating to improvements by lessee on lessor's property).