{
  "id": "DEF_REAL_PROPERTY_BIZ_DEBT",
  "name": "Qualified Real Property Business Indebtedness Election",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Debt must have been incurred in connection with real property used in a trade or business and the taxpayer must elect this treatment.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Allows taxpayers (other than C corps) to exclude income from the discharge of debt secured by real property used in a trade or business by reducing the basis of depreciable real property.",
  "irc_reference": "IRC §108(c)",
  "deadline": "",
  "savings_potential": "medium",
  "benefits": "individual|business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}