### Question
How is the term nonresidential real property defined?


### Answer
The term **nonresidential real property** is defined in *26 U.S.C. § 168* as the following:

> section 1250 property which is not—


(i) residential rental property, or


(ii) property with a class life of less than 27.5 years

#### Citation:
  - *26 U.S.C. § 168*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

