Sentences with phrase «case of a net loss»

I'm in the process of learning some of this tax code, and for rentals, it seems like mortgage deductions would end up in schedule E, not on schedule A, and thus would offset rental income regardless of your own income (and, in the case of a net loss, reduce the AGI as long as your income is < 100K.

Not exact matches

I argued that the closing would affect only about 10 per cent of the total membership, many of whom could find other and more conveniently located churches to attend; and that in any case the net membership loss would be negligible while the increase in effectiveness and fiscal health would be great.

Whether businesses are paying the bill through excessive litigation costs in a case in which they are parties or paying the bill in loss of employee time and productivity in cases in which the employees are embroiled, the net result is negative.

Speaking to the BBC's Andrew Marr Show, he said: «We are talking in the worst case scenario about half a per cent of net income being the scale of the maximum loss that someone might have.»

Consistent with the view that in regards to weight loss, only net calories are important and not their source, there exist cases such as the Twinkie diet, where a person that solely counted calories while eating a variety of cake snacks managed to lose 27 pounds over two months.

In the case of my modest holding of Shell Canada shares, there was a net loss of benefit of more than $ 7000.

In this case, the employee would report a net income inclusion of $ 5,000 and a $ 10,000 capital loss ($ 5,000 allowable capital loss).

In case of injury, long - term illness, job loss or other sudden expenses, an emergency fund could be your safety net.

In your case, Yvonne, with net capital losses incurred in a previous year — not in the year of death specifically — the losses can also potentially be claimed.

On the other hand, if volumetric loss is a good proxy for Northward net heat fluxes, as discussed in my comment above, then we might expect the volumetric losses to remain relatively constant, in which case they would represent ever - greater proportions of the remaining ice.

In most cases, the gains exceed the losses and so large windows become net contributers of energy.

In one case, an unprecedented loss of trees triggered by the pine beetle outbreak in western North America has decreased the net carbon balance on a scale comparable to British Columbia's current fossil fuel emissions

At the resolution of the case, the young plaintiff and his representatives received a net settlement of over $ 2.1 million dollars to compensate him and his families for the medical expenses and other economic losses related to the accident.

You do not have to search the net very long to find countless abuses of lessees that landlords have had to contend with and the losses and costs of these cases some going on for over a decade.

«However, our net loss in each of the two cases was at Rs 50 crore only as the remaining cost was incurred by our reinsurers,» he said.