Not exact matches
The upshot
of that thread is a small number officials (mostly the President, legislators, judges and district attorneys) have absolutely immunity from civil or criminal
liability for
certain kinds of discretionary official acts.
There can be income tax consequences and personal
liability on
certain kinds of mortgages if you lose your property in a foreclosure sale.
There can be income tax consequences and personal
liability on
certain kinds of mortgages if you lsoe your property in a foreclosure sale.
While only the state
of Oregon has so far made insurance coverage mandatory, other states are looking seriously at the issue, including New Jersey, where
certain kinds of legal service providers — professional corporations, limited
liability companies, and limited
liability partnerships — must carry a minimum
of $ 100,000 worth
of coverage for each member.
Without this
kind of support, you may have to take drastic measures to pay for
certain liability bills.
Again, please note that
certain policies exclude all animal
liability of any
kind, so you'll want to make sure to read the policy and any endorsements.
Section 1031
of the Internal Revenue Code allows you to dispose
of certain real or personal property and defer the payment
of your federal, and in most cases, state depreciation recapture and capital gain income tax
liabilities by exchanging the real or personal property (relinquished property) for qualified use «like -
kind» property (replacement property).