Sentences with phrase «actually holds the property»

Inheritance: If you inherit investment property, your gain or loss on any subsequent disposition of such property is generally treated as a long - term gain or loss regardless of how long you may have actually held the property.
In most cases, you have the use of the property while it is being paid off, but in some cases, the creditor / lender actually holds the property.

Not exact matches

Given what I know about my desire to buy another property in ~ 2018, if you strip out my cash holdings, I actually invest more aggressively than the Inflation Plus strategy.
Thus, in a series of works published in 1919 and the early 1920s, in opposition to relativity theory, Whitehead argued not only that the geometry of the world was uniform, but that «the properties of time and space express the basis of the uniformity in nature which is essential for our knowledge of nature as a coherent system» (R 8, 29).1 Furthermore, he held that this uniformity was actually discerned there (H 14).
REITs holding properties with short - term leases, as indicated by the Dow Jones U.S. Select Short - Term REIT Index, actually benefited from the rising rates, with returns exceeding the broad REITs market for all cycles analyzed.
On the Iowa return, John must claim 2/3 of the itemized deductions ($ 50,000 income / $ 75,000 total income of the couple) and Jane must claim 1/3 of the itemized deductions, regardless of who actually made the payments or whether the payments relate to separately held property.
XSP actually holds XSP but adds a currency hedge on top of it but I think it will be considered as Canadian property.
Being involved in the crime such as by backing the van onto the property and driving away with the dog so that a trespass could occur and Maya stolen is enough to be held liable for trespass and «conversion» of property even if she didn't actually enter the property herself and grab the dog.
I actually had 2 stays on the same weekend, with a Friday night stay via a free night certificate I earned last year to be used at any Club Carlson property in North America, as well as a Sunday / Monday night stay using 50,000 Club Carlson points for 1 night and the «last night free» bonus for holding a Club Carlson credit card.
The card is a good way to earn Starpoints without actually staying at Starwood properties and, with Starpoints converting to most major airline loyalty programs in a 1:1 ratio, they are an excellent loyalty currency to hold.
Now, as our Delray Beach personal injury lawyers know, while people can be held responsible for personal injuries that took place on their property even if they had little or nothing to do with actually causing the injury, the plaintiff's attorneys in this case successfully argued that the restaurant operator actually had a hand in causing the tragic death.
First, they held that Port Colborne properties had not actually lost any value due to the nickel contamination.
In some instances, a court may decide that while property is held in the name of the deceased, another person actually has the right to that property based on the contributions he / she made to it.
You don't need to actually know all the details of his legal dumping place, but you can hold him / her to the agreement if it happens that they do illegally dispose of the property they have been hired to remove.
Although the sold price of the home was available on the public property register, the OPC held in that decision that the exception for public information in paragraph 7 (3)(h. 1) of the PIPEDA did not apply because the information in question was obtained pursuant to the purchase agreement to which the salesperson was privy, and was not actually collected from a publicly available source.»
I think this is where flipping a few would actually be very beneficial, like flip one, buy one to hold, repeat, but figuring that out as it seems much more risk involved to us as we currently live 5 hours from where we own investment property, and traveling that far to flip a home doesn't seem like a very smart plan.
Some people actually want to hold onto the property for a variety of reasons, so those properties won't be available for any sale.
There is actually no time factor on how long you need to hold the property from purchase to sale.
The term Reverse Exchange is therefore really a misnomer because it actually consists of: (1) a parking transaction where either the replacement property or the relinquished property is acquired and held or parked by the Exchange Accommodation Titleholder; and (2) a simultaneous tax - deferred like - kind Exchange (not a true Reverse Exchange) occurs either at the beginning (Exchange First Structure) or at the end (Exchange Last Structure) of the Reverse Exchange transaction.
This means that the seller's mortgage remains in place but the investor actually holds the deed to the property.
128 DOS 93 Matter of DOS v. Vuksanaj - motion to conform pleadings to proof granted where (i) additional evidence wouldn't have been presented if the charge had been stated in the complaint and (ii) issue was actually litigated and was within the «broad framework of the pleadings»; broker's authorization to execute lease on behalf of landlord must be in writing to be valid (G.O.L. § 5 - 703); no commission earned on void lease (due to lack of written authority for broker to sign for landlord); broker is undisclosed «double agent» - thus «fails to make clear» for which party he is acting (NYCRR 175.7); broker is not «managing agent» under NYC Rent Stabilization Code unless (i) broker has ownership or financial interest in property or (ii) performs managerial duties; separate escrow account (§ 175.1) not required when broker is not holding escrowed funds; holding funds overnight does not trigger requirement for escrow account (returned next day upon demand); unlicensed name used in commission agreement but lack of intent to mislead considered in mitigation; restitution of unearned commission
My recommended idea there is to have a holding LLC that holds title to the properties and then a contracting LLC which actually does the rehab.
I will be surprised if they actually en up holding these properties that long.
1 - REFI 2 - Selling % of ownership of a Turn Key deal (this actually allows you to flip and hold at the same time) 3 - Partnerships 4 - Lease Options 5 - Inventing a mortgage on the property 6 -... and more
Mary Kay Irving: Sellers actually have a little bit of an advantage in this market currently because we have such a low inventory with the economic downturn, people had been holding off on selling and so right now because of the low interest rates we have a lot of buyers but not enough inventory, not enough property for them, so it's a great time for sellers and my recommendations for them would also be to hire an agent but to make sure that they get a pre-listing inspection done and so that they are not caught by any surprises of work that needs to be done and that the buyers will be asking them to do and also that they make sure, if they've got, money is available to look into getting a consultation from a stager, a professional stager, at the very least they need to be making sure everything is de-cluttered and arranged properly, so sellers who do hire a professional stager actually sell their homes much more quickly and for a higher price, for higher final sale price, so it's in their best interest to actually hire a stager.
But, it sounds to me like what you're actually doing is buying undervalued properties with the intent to «hold for productive use in business, trade, or investment».
The Internal Revenue Service has routinely taken the position if you purchased your relinquished property just prior to your 1031 Exchange transaction that you have actually purchased and are holding the property for sale (inventory) rather than holding it for rental or investment.
For example, property acquired by you with the intent to fix - up and then sell («flipping») is actually property held for sale and not held for investment and will therefore not qualify for tax - deferred exchange treatment.
However, escrow money held for property taxes can not be deducted until the money is actually used to pay the property taxes.
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