The purpose of this research is to test and prove empirically of the influence of profitability, non debt tax shield, size, investment opportunity set and tangibility to the leverage. The sample in the research is property, real estate and building contruction companies which are listed on the Indonesia Stock Exchange period 2012-2016. The method that has been used to determine the sample is purposive sampling. The data used balanced panel which has been obtained from 151 companies that have published their annual financial reports. Regression model in the research is multiple regression. The result from this research are profitability have a negative and significant influence to levevrage. Size and investment opportunity set have a positive and significant influence to leverage. While non debt tax shield and tangibility does not have significant influence to leverage.