leasehold improvements

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Improvements made by tenants to leased premises.The cost must be depreciated over a 39-year term,even if the lease will last only 5 years.At the end of the lease term, the tenants then write off on their taxes all the remaining undepreciated balance. For a short period of time between November 2004 and January 1, 2006, leasehold improvements could be depreciated over 15 years rather than 39.(Beware of tax advice indicating this is still the law.)

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leasehold improvement QLIP qualified leasehold improvement property			PLEASE NOTE ASKING PRICE INCLUDES $363,000 OF INVENTORY, $20,000 in leasehold improvements and $120,000 of first-class display cases Business For Sale; 53 -- General Merchandise Stores; RETAIL ... by Businesses for Sale: FirstList The accelerated depreciation on leasehold improvements originally "sunset" on December 31, 2005. Reading "between the lines" of new legislation by Wieder, Marc / Real Estate Weekly The company said it amortized certain leasehold improvements on one of its properties over a period that exceeded the lease term, causing a cumulative understatement of leasehold amortization expense of $410,000 as of Dec. BUSINESS BRIEFLY by The Register-Guard (Eugene, OR)			Leading and lagging Leading Economic Indicator Leading Economic Indicators Leading Indicator Leading Lipstick Indicator Leading the Market League Table League Tables leakage leaking underground storage tank LEAPS lease Lease Acquisition Cost Lease Fund lease option Lease Rate Lease Term lease-purchase agreement Lease-Rental Bond lease-up Leaseback leased fee leasehold leasehold estate leasehold improvement leasehold improvements leasehold interest leasing commission Least-Developed Countries Leaves Lebanese Loop Lebanese Pound Ledger Cash Lee Iacocca Leg Leg Lifting Leg On Leg up Legacy Cost legal legal age Legal Bankruptcy Legal Capital Legal Defeasance legal description Legal Entity Legal Investment Legal Investments Legal List Legal List State Legal Monopoly			Leased Access Programmers Association Leased Circuit program Leased Equipment & Services Officer leased facility leased fee Leased from Leased Interfacility NAS Communications System Leased line Leased line Leased line Leased Line Database leased line modem Leased Long Line Leased Long Lines Program Leased Platform Leased Satellite Leased Satellite Communications Leased Space Accessibility Program leasehold leasehold leasehold leasehold Leasehold estate Leasehold estate Leasehold estate Leasehold estate Leasehold estates Leasehold Forestry and Livestock Programme Leasehold improvement Leasehold improvement leasehold improvements leasehold interest Leasehold Valuation Tribunal leaseholder leaseholder leaseholder leaseholder leaseholders leaseholders leaseholders leaseholders leaseholds leaseholds leaseholds leaseholds leaser leaser leaser leaser leaser leaser leasers leasers leasers leasers leasers leases leases leases leases leases

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