Sentences with phrase «acquire older properties»

This bill, according to experts and city elected officials, addresses an increasing problem of investors who acquire older properties to flip them for profit without making needed repairs, such as finding the source of a leak rather than just plastering over a water - logged wall.

Acquiring an older property exposes the buy - to - let business to increased maintenance risk.

Not exact matches

The town board's interest in acquiring land for open space and other community purposes has been in high gear this month, as it also voted to issue a $ 2 million bond to buy 12 acres at 359 Pantigo Road and scheduled or held hearings on the purchase of properties on Old Stone Highway in Springs and on West Lake Drive in Montauk.

The demographic for this film definitely skews older, but any young hipster planning on acquiring property could learn how not to behave by watching this film.

So when he learned that the old schoolhouse his grandmother once attended was on property he had recently acquired, Mr. Larson decided to restore the building.

I am 73 yrs old and would like the lessee to acquire a life insurance policy of some sort on me to exchange the property.

Nontaxable trades: If you acquire new investment property in exchange for old investment property, such as in a tax - deferred exchange, the holding period begins on the day after the date the original (or old) property was acquired.

It also has to be the world's oldest investment, with people acquiring, managing and losing property since the First Landlord served the first eviction notice at the Garden of Eden.

All South Dakota renters young and old need the protection and peace of mind they can acquire with an insurance policy that takes care of their property while also shielding them from liability.

Patents became a major problem in the early 2000s with the rise of so - called patent trolls, which are companies that don't make tech products or provide services, but instead acquire old intellectual property and threaten expensive lawsuits against those that do.

Currently I am looking to acquire a 14 unit in Old town East and looking for property managers for it.

In late 2004 his focus on property started as MD of Old Mutual Properties Limited a division focused on acquiring and managing their own commercial property portfolio such as major shopping centres, industrial and office assets including prize assets such Cavendish Square, Menlyn Shopping Centre, Gateway, and Portside building in Cape Town CBD.

Along with brother / coach Carl, he is acquiring Denver - based Dunton Realty Co., a 100 - year - old retail brokerage and property management firm...

A homeowner acquires your services to buy another property and list their old home and you earn a full fee on that purchase.

The Buccini / Pollin Group acquired the 364 - key property in the Old City district for almost $ 100 million.

The older boomer investors tend to hold several properties that they acquired in the 80's and 90's.

A-As you know, an IRC 1031 (a)(3) Starker delayed tax - deferred exchange requires the use of a third - party intermediary accommodator to hold the funds from the sale of your old property until you can acquire a larger property to complete the exchange.

Meaning, you didn't have to deed out of your LLC, you could have kept the old property in the LLC and acquired the new in your personal name and still had a valid 1031 exchange.

Generally, for full tax deferral, you must (1) acquire like - kind replacement property that is equal to or greater in value than the relinquished property sold (based on net sales price, not based on your equity); (2) must reinvest all of the net proceeds or cash (net equity) generated from the sale of the relinquished property; and, (3) must replace the amount of old debt that was paid off on the disposition of the relinquished property with new debt of an equal amount on the like - kind replacement property.