Separate improvement

Separate improvement means anaddition to capital accountdescribed in subparagraph (2) of this paragraph which qualifies as animprovementunder the 1-year test prescribed in subparagraph (3) of this paragraph and which satisfies the 36-month test prescribed in subparagraph (4) of this paragraph.

Source

26 CFR § 1.1250-5


Scoping language

None
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