Sentences with phrase «class replacement property»

Internal Revenue Code Section 1031: Section 1031 of the Internal Revenue Code allows an investor to defer his capital gain and depreciation recapture income tax liabilities when he exchanges relinquished property for like - kind or like - class replacement property.

Not exact matches

Replacement alternative methods include the use of data concerning the physicochemical properties of chemicals; predictions based on structure - activity relationships, including the use of qualitative and quantitative mathematical models; the biokinetic modelling of physiological, pharmacological, and toxicological processes; experiments on lower organisms not classed as?

Plenty of exercise (time = $) and obedience class fees are a small price to pay to avoid fines, replacement of property, medical bills, and legal fees resulting from a dog running amok.

«The recovery of every major asset class has provided liquidity to other real estate investments, and an aging ownership base generally trends towards net lease for their replacement properties in an effort to simplify their life and lower their overall portfolio risk.»

Waterman Interests acquired the leasehold interest on the Class A, 21 - story property in 2010, and since then has executed capital improvement projects including the installation of new elevators, security systems, common area restrooms, prebuilt tenant spaces and replacement of exterior windows.

If the owner will replace with like - kind or like - class property of equal or greater value than the net sales price, the deferral represents additional working capital or an indefinite interest free loan until the replacement property is sold or another 1031 exchange is initiated.

Personal Property Exchange: A tax - deferred transfer of personal property (relinquished property) for other personal property (replacement property) that are of like - kind or like - class to eacProperty Exchange: A tax - deferred transfer of personal property (relinquished property) for other personal property (replacement property) that are of like - kind or like - class to eacproperty (relinquished property) for other personal property (replacement property) that are of like - kind or like - class to eacproperty) for other personal property (replacement property) that are of like - kind or like - class to eacproperty (replacement property) that are of like - kind or like - class to eacproperty) that are of like - kind or like - class to each other.

Business operations can defer the payment of capital gain and / or depreciation recapture income tax liabilities on the disposition or sale of personal property (relinquished property) when exchanged or traded for other like - kind or like - class personal property (like - kind replacement property) pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of the Department of the Treasury Regulations.