United States IRC sections
Statute section
IRC section 109
Improvements by lessee on lessor's property
Country
United States
Section
109
Updated
2026-05-20
Operative text
Section 109 excludes from the lessor's gross income the value of improvements made by a lessee on the lessor's property that revert to the lessor upon termination of the lease. Section 1019 prevents the lessor from increasing basis by the excluded amount.
Cross-references
26 U.S.C. 1019
Related cases
Related citations
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This entry cites
Cited by
Primary sources
- 26 U.S.C. section 109Verified 2026-05-20
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.