It's my understanding that only "impovements" to an existing building qualifies, not a new retail building built in 2011, am I right?
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TTB 9-18 states under Qualified Retail Improvement Property that " [the improvements] must be placed in service more than 3 yrs after bldg was placed in service." So it is not only just that it must be an existing bldg, but one that has been used as depreciable property for that time period.
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