Debt-Financed Property Law and Legal Definition
"Debt-financed property" is defined as “any property which is held to produce income and with respect to which there is acquisition indebtedness at any time during the taxable year.” [Henry E. & Nancy Horton Bartels Trust ex rel. Cornell Univ. v. United States, 2010 U.S. App. LEXIS 18678 (Fed. Cir. Sept. 7, 2010)].