“(D) this sort of house is a component of a wastewater therapy facility (located in Cameron County, Texas, within just a person mile of the town of Harlingen), an application for any wastewater discharge permit was filed with regard to these facility on December 4, 1985, as well as a City Commission approved a letter of intent concerning a assistance settlement with regard to these types of facility on August seven, 1986; or possibly a wastewater facility (situated in Harlingen, Texas) and that is a matter of these kinds of letter of intent and service arrangement and the design of which was contracted for inside a letter of intent dated January 23, 1986.
“(B) Sure inland river vessel.—The amendments made by part 201 shall not apply into a task involving the reconstruction of the inland river vessel docked around the Mississippi River at St.
“(D) A project is described During this subparagraph if— “(i) these kinds of venture is part of the flat rolled item modernization system which was at first introduced to the Board of Directors of the taxpayer on July eight, 1983,
the depreciation deduction provided by portion 167(a) shall be established under the alternative depreciation procedure.
(B) the original use of which commences Using the taxpayer after the date of the enactment of this subsection,
(5) Real estate property rentals For functions of this subsection, the rental to Some others of actual home located in an Indian reservation shall be addressed as the active perform of a trade or organization in an Indian reservation.
“(ii) has pledged assets (but only on the extent of the net truthful current market value of the lessor’s fascination in this kind of residence), apart from assets matter towards the settlement or property right or indirectly financed by indebtedness secured by assets subject to your settlement, as safety for,
“(iii) the venture is carried out by a Maine corporation and includes the modernization of pulp and paper mills in Millinocket and/or East Millinocket, Maine, or
“(iii) a memorandum of comprehending with respect to this kind of joint use and advancement undertaking is executed by a point out Section of transportation, this type of county regional mass transit district and also a Local rico168 community redevelopment company on or in advance of December 31, 1986, and
“(four) The date on which the lessee spots the property in support, the day on which the lease begins and the phrase with the lease;
“(E) Cure of specified historic structures.—If— “(i) on June sixteen, 1982, the legislative system of the community governmental unit adopted a bond ordinance to deliver cash to renovate elevators inside a deteriorating constructing owned from the regional governmental unit and listed in the National Register, and
For needs of this paragraph, the expression ‘competent person’ indicates anyone who transfers his rights in this type of agreement or these types of property into the taxpayer but only if the assets will not be placed in company by these kinds of person in advance of this sort of legal rights are transferred to your taxpayer.”
“(III) with respect to which the modified basis with the lessor will not exceed the altered basis with the lessee at the time on the lease, or
R.C. 1954] which was filed prior to the day on the enactment of this Act [Sept. 3, 1982] or to deny a credit history for expense in depreciable home claimed with the lessee on this type of return pursuant to an settlement Along with the lessor that the lessor would not assert the credit history.”