Do you rent your property?
Are your tenants making improvements to your property?
If so, you might reap both monetary and tax benefits.
At termination of a lease, tax law excludes the value of tenant (lessee) improvements from the income of the landlord (lessor).
Example. You lease improved land to a tenant who is required to and does build an office building on the land. At the end of the lease, you own the building. This gives you:
an increase in your holdings equal to the fair value of the building ... Log in to view full article.