Is Land considered as Real Property by IRS?

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Is Land considered as Real Property by IRS?

2006-09-30 05:33:08 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

5 answers

Yes

2006-09-30 05:35:34 · answer #1 · answered by Anonymous · 0⤊ 0⤋

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RE:
Is Land considered as Real Property by IRS?

2015-08-11 16:29:57 · answer #2 · answered by Mandy 1 · 0⤊ 0⤋

What Is Considered Real Property

2016-11-07 09:20:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋

Land is the single best example of real property, along with homes, etc., that are attached to land, so, yes, of course it is considered realty by the IRS.

2006-10-02 11:57:53 · answer #4 · answered by BoredBookworm 5 · 0⤊ 0⤋

Yes, but it cannot be depreciated.

2006-09-30 06:52:39 · answer #5 · answered by Dee 4 · 0⤊ 0⤋

YES

2006-09-30 06:02:17 · answer #6 · answered by fatsausage 7 · 0⤊ 0⤋