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income property

   Also found in: Dictionary/thesaurus 0.01 sec.
Income property
Real estate purchased for the reasons of income generation.
income property
Real estate that produces current income, typically from rental payments. Apartments, office buildings, and rental homes are considered income property.


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Massey Knakal Realty Services' newly-released New York City Income Property Market Report, prepared by Miller Cicero, LLC, reveals that all indicators suggest higher values in the first half of 2006 for walk-ups, elevatored buildings and mixed-use properties.
Multi-family income property increases in value during 2006 by Real Estate Weekly
If the property more closely resembles a capital asset, it is capital; if it more closely resembles ordinary income property, it is ordinary income.
Refining the definition of a capital asset by Schnee, Edward J. / Journal of Accountancy
She has also served as a guest lecturer at, UCLA School of Management and is a frequent speaker for various trade groups including the Mortgage Bankers Association and Income Property Lending Conferences.
Adele Pool: Sterling Bank & Trust by Los Angeles Business Journal
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