What RECOVERY PROPERTY means: Recovery property is a term used to describe property that is eligible to be depreciated under either ACRS or MACRS. See ACRS and MACRS.
- Definition Royalty Interest:
- Dictionary oil and gas in place that entitles the holder to a specified fraction, in kind or in value, of the total production from the property, free of any expense of development and operation recovery property definition.
- Definition Royalty:
- Dictionary A payment received for the right to exploit a taxpayer's ownership of natural resources or a taxpayer's literary, musical, or artistic creation recovery property explain.
- Definition Repossession:
- Dictionary Taking possession of property that was earlier sold on an installment contract because the buyer defaults on payment of the debt recovery property what is.
- Definition Railroad Retirement Tax Act:
- Dictionary The law that provides for railroad retirement benefits recovery property meaning.
How works Recovery Property meaning in Tax definitions R .