### Question
How is the term qualified leasehold improvement property defined?


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

> given such term in section 168(k)(3) except that the following special rules shall apply:


#### (A) Improvements made by lessor


In the case of an improvement made by the person who was the lessor of such improvement when such improvement was placed in service, such improvement shall be qualified leasehold improvement property (if at all) only so long as such improvement is held by such person.

#### 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**

