What BUSINESS-USE PROPERTY means: Property used in a trade or business. Examples include tools, equipment, machinery, factories, and office buildings.
- Definition Boot:
- Dictionary a type not included in the definition of qualifying property for purposes of structuring a nontaxable exchange. The receipt of boot will cause an otherwise tax-free transfer to become taxable to the business-use property definition.
- Definition Business Gifts:
- Dictionary gifts to a taxpayer's clients or other business associates made in the course of the taxpayer's trade or business. They must be ordinary and necessary to the taxpayer's business. The business-use property explain.
- Definition Bequest:
- Dictionary A gift by will of personal property business-use property what is.
- Definition Bond:
- Dictionary corporation or governmental unit to repay, on a specified date, money loaned to it by the bondholder. The holder receives interest for the life of the bond. If a bond is backed by collateral, it is business-use property meaning.
How works Business-Use Property meaning in Tax definitions B .
