Nonrecourse Deductions definition: Copy, customize, and use instantly
Introduction
A “Nonrecourse Deductions” refer to tax deductions allocated to partners or investors in a business structure where the associated debt is nonrecourse. These deductions arise when expenses, depreciation, or losses are linked to liabilities for which no individual has personal responsibility. They are commonly used in partnerships, real estate investments, and structured finance arrangements to optimize tax treatment while limiting financial exposure. The allocation of these deductions follows specific tax regulations to ensure compliance and fairness among stakeholders.
Below are various examples of how "Nonrecourse Deductions" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Nonrecourse Deductions" as partnership-level deductions
This definition ties "Nonrecourse Deductions" to deductions attributable to nonrecourse liabilities.
"Nonrecourse Deductions" means the deductions allowable under the Internal Revenue Code that are attributable to nonrecourse liabilities and are allocated among partners as per the partnership agreement.
Definition of "Nonrecourse Deductions" as tax shelter deductions
This definition connects "Nonrecourse Deductions" to tax shelters.
"Nonrecourse Deductions" refers to deductions resulting from liabilities for which no partner or owner bears personal responsibility, typically utilized in tax shelter transactions.
Definition of "Nonrecourse Deductions" as depreciation-related deductions
This definition links "Nonrecourse Deductions" to depreciation expenses.
"Nonrecourse Deductions" means deductions arising from depreciation, amortization, or similar cost recovery allowances associated with assets secured by nonrecourse debt.
Definition of "Nonrecourse Deductions" as real estate investment deductions
This definition applies "Nonrecourse Deductions" to real estate investment partnerships.
"Nonrecourse Deductions" refers to tax deductions allocated to partners from real estate investments where the underlying loans are nonrecourse.
Definition of "Nonrecourse Deductions" as financing-related deductions
This definition ties "Nonrecourse Deductions" to financing transactions.
"Nonrecourse Deductions" means deductions that arise from financing arrangements where the lender’s sole remedy is foreclosure on collateral, without recourse to the borrower.
Definition of "Nonrecourse Deductions" as passive activity loss deductions
This definition connects "Nonrecourse Deductions" to passive activity loss rules.
"Nonrecourse Deductions" refers to deductions generated from nonrecourse debt-financed passive activities, which are subject to limitation under applicable tax laws.
Definition of "Nonrecourse Deductions" as partnership nonrecourse debt deductions
This definition links "Nonrecourse Deductions" to liabilities not personally guaranteed by partners.
"Nonrecourse Deductions" means deductions that stem from partnership liabilities for which no partner bears economic risk of loss, as determined under Treasury Regulations.
Definition of "Nonrecourse Deductions" as economic risk-free deductions
This definition applies "Nonrecourse Deductions" to deductions without partner liability.
"Nonrecourse Deductions" refers to deductions allocated from partnership liabilities that do not create economic risk for any partner but still impact taxable income allocation.
Definition of "Nonrecourse Deductions" as capital account adjustments
This definition ties "Nonrecourse Deductions" to capital account adjustments in partnerships.
"Nonrecourse Deductions" means tax deductions allocated to partners that reduce their capital accounts due to partnership nonrecourse debt.
Definition of "Nonrecourse Deductions" as loss deductions from leveraged real estate
This definition connects "Nonrecourse Deductions" to leveraged real estate transactions.
"Nonrecourse Deductions" refers to deductions arising from depreciation or losses incurred on real estate properties financed with nonrecourse debt.
Definition of "Nonrecourse Deductions" as partnership agreement tax allocations
This definition links "Nonrecourse Deductions" to tax allocation provisions.
"Nonrecourse Deductions" means deductions required to be allocated in accordance with Treasury Regulations governing partnerships and nonrecourse liabilities.
Definition of "Nonrecourse Deductions" as business expense deductions
This definition applies "Nonrecourse Deductions" to business-related write-offs.
"Nonrecourse Deductions" refers to allowable tax deductions derived from business operations financed with nonrecourse loans.
Definition of "Nonrecourse Deductions" as IRS tax-reporting deductions
This definition ties "Nonrecourse Deductions" to tax compliance.
"Nonrecourse Deductions" means deductions reportable on IRS filings related to transactions where no individual or entity assumes repayment risk beyond pledged collateral.
Definition of "Nonrecourse Deductions" as tax-driven real estate loss allocations
This definition connects "Nonrecourse Deductions" to tax-advantaged real estate losses.
"Nonrecourse Deductions" refers to tax deductions from real estate investments structured to minimize tax liability by utilizing nonrecourse financing.
Definition of "Nonrecourse Deductions" as capital-intensive project deductions
This definition links "Nonrecourse Deductions" to infrastructure and capital projects.
"Nonrecourse Deductions" means deductions related to large-scale projects funded through nonrecourse debt where investors seek tax benefits.
Definition of "Nonrecourse Deductions" as cost recovery deductions
This definition applies "Nonrecourse Deductions" to cost recovery methods.
"Nonrecourse Deductions" refers to deductions allocated under cost recovery systems applicable to assets financed through nonrecourse debt.
Definition of "Nonrecourse Deductions" as liability-based tax deductions
This definition ties "Nonrecourse Deductions" to liability treatment in tax law.
"Nonrecourse Deductions" means tax deductions tied to the use of liabilities in financing structures where the lender’s recourse is limited to collateral.
Definition of "Nonrecourse Deductions" as deductions for limited partnerships
This definition connects "Nonrecourse Deductions" to limited partnership structures.
"Nonrecourse Deductions" refers to tax deductions passed through to limited partners arising from nonrecourse borrowing by the partnership.
Definition of "Nonrecourse Deductions" as leveraged asset tax benefits
This definition links "Nonrecourse Deductions" to tax incentives for leveraged assets.
"Nonrecourse Deductions" means deductions generated from assets purchased with nonrecourse financing, providing tax benefits to investors.
Definition of "Nonrecourse Deductions" as deduction allocations under Section 752
This definition applies "Nonrecourse Deductions" to IRS Section 752.
"Nonrecourse Deductions" refers to tax deductions that must be allocated among partners in accordance with IRS Section 752 and applicable Treasury Regulations.
Definition of "Nonrecourse Deductions" as federal tax compliance deductions
This definition ties "Nonrecourse Deductions" to federal tax compliance.
"Nonrecourse Deductions" means deductions that must be reported and allocated as per federal tax laws governing nonrecourse financing.
Definition of "Nonrecourse Deductions" as non-liability partner deductions
This definition connects "Nonrecourse Deductions" to partners without liability exposure.
"Nonrecourse Deductions" refers to deductions allocated to partners who have no personal liability for partnership debt but benefit from the associated tax deductions.
Definition of "Nonrecourse Deductions" as investor-based tax allocations
This definition ties "Nonrecourse Deductions" to investor tax allocations.
"Nonrecourse Deductions" means deductions assigned to investors based on their proportional interest in partnerships with nonrecourse liabilities.
Definition of "Nonrecourse Deductions" as deductions under tax equity financing
This definition connects "Nonrecourse Deductions" to tax equity financing.
"Nonrecourse Deductions" refers to tax benefits allocated under tax equity investment structures where the financing is secured solely by project assets.
Definition of "Nonrecourse Deductions" as renewable energy tax deductions
This definition applies "Nonrecourse Deductions" to renewable energy investments.
"Nonrecourse Deductions" means deductions associated with renewable energy projects financed using nonrecourse debt, providing investors with tax benefits.
Definition of "Nonrecourse Deductions" as partnership loss allocation rules
This definition ties "Nonrecourse Deductions" to loss allocation in partnerships.
"Nonrecourse Deductions" refers to the portion of a partnership’s losses allocated to partners under tax regulations despite their lack of liability for partnership debt.
Definition of "Nonrecourse Deductions" as deductions related to mezzanine financing
This definition connects "Nonrecourse Deductions" to mezzanine financing structures.
"Nonrecourse Deductions" means tax deductions arising from mezzanine financing arrangements where lenders have no recourse beyond pledged assets.
Definition of "Nonrecourse Deductions" as deductions for leveraged acquisitions
This definition links "Nonrecourse Deductions" to acquisitions financed through leverage.
"Nonrecourse Deductions" refers to deductions generated from leveraged acquisitions where the debt is nonrecourse to the acquiring entity.
Definition of "Nonrecourse Deductions" as structured finance tax deductions
This definition applies "Nonrecourse Deductions" to structured finance transactions.
"Nonrecourse Deductions" means deductions associated with structured finance transactions in which debt repayment is limited to specified assets.
Definition of "Nonrecourse Deductions" as securitization-related deductions
This definition ties "Nonrecourse Deductions" to securitization transactions.
"Nonrecourse Deductions" refers to deductions generated in securitization structures where investors hold nonrecourse claims against underlying assets.
Definition of "Nonrecourse Deductions" as deductions from sale-leaseback arrangements
This definition connects "Nonrecourse Deductions" to sale-leaseback transactions.
"Nonrecourse Deductions" means tax deductions arising from depreciation and interest expense in sale-leaseback transactions financed through nonrecourse debt.
Definition of "Nonrecourse Deductions" as debt-financed loss allocations
This definition links "Nonrecourse Deductions" to losses from debt-financed projects.
"Nonrecourse Deductions" refers to deductions generated by debt-financed projects where no partner or investor bears personal liability for repayment.
Definition of "Nonrecourse Deductions" as loss deductions for asset-backed loans
This definition applies "Nonrecourse Deductions" to asset-backed loans.
"Nonrecourse Deductions" means tax deductions associated with asset-backed loans where the lender’s recovery is limited to the pledged collateral.
Definition of "Nonrecourse Deductions" as deductions under state tax regulations
This definition ties "Nonrecourse Deductions" to state-level tax treatment.
"Nonrecourse Deductions" refers to deductions subject to specific state tax regulations governing nonrecourse financing and partnership allocations.
Definition of "Nonrecourse Deductions" as passive investment tax benefits
This definition connects "Nonrecourse Deductions" to passive investment structures.
"Nonrecourse Deductions" means deductions allocated to investors in passive investment vehicles where financing is structured on a nonrecourse basis.
Definition of "Nonrecourse Deductions" as deductions for nonrecourse project financing
This definition links "Nonrecourse Deductions" to project financing structures.
"Nonrecourse Deductions" refers to tax deductions derived from project financings where the lender’s recourse is strictly limited to the project’s assets.
Definition of "Nonrecourse Deductions" as limited liability entity deductions
This definition applies "Nonrecourse Deductions" to limited liability entities.
"Nonrecourse Deductions" means deductions allocated in limited liability entities where debts are nonrecourse, shielding owners from personal liability.
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