### Question
What is the definition of qualified restaurant property?


### Answer
The definition of **qualified restaurant property** is as follows in *26 U.S.C. § 168*:

> any section 1250 property which is—


(i) a building, or


(ii) an improvement to a building,


  

if more than 50 percent of the building's square footage is devoted to preparation of, and seating for on-premises consumption of, prepared meals

#### 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**

