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" ... rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity... "
Revenue Revision 1927-28: Hearings Before the Committee on Ways and Means ... - Page 261
by United States. Congress. House. Committee on Ways and Means - 1927 - 1014 pages
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Senate Manual Containing the Standing Rules, Orders, Laws, and Resolutions ...

United States. Congress. Senate - 2000 - 1220 pages
...rentals or other payments required to be made as a condition to the continued use or possession, for mendment to the motion is not in order, and it is not in order to move to reconsider the vote For purposes of the preceding sentence, the place of residence of a Member of Congress (including any...
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Compilation of the Social Security Laws: Including the Social Security Act ...

United States - Social security - 2003 - 992 pages
...rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to...is not taking title or in which he has no equity. For purposes of the preceding sentence, the place of residence of a Member of Congress (including any...
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Practical Guide to Real Estate Taxation

David F. Windish - Real estate investment - 2007 - 700 pages
...Rentals or other payments, required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken title or in which the taxpayer has no equity, are deductible as ordinary and necessary business expenses.2...
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