Sentences with phrase «debt on the new property»

By reinvesting the equity (as long as there is as much debt on the new property as the mortgage payoff on the disposed realty), capital gains tax and any IRC section 1250 unrecaptured gain taxable at the 25 % rate can be completely avoided.

Some lenders may agree to accept less than the full amount of the shortfall debt by securing part of the debt on a new property as part of your mortgage and writing off the rest.

Not exact matches

Wages and prices are assumed to fall proportionally, enabling shrinking economies to «earn their way out of debt» by squeezing out a trade surplus to earn the euros to carry the enormous mortgage debts that fueled the post-2002 property bubble, and the new central bank debt taken on to support the exchange rate.

Essentially, the new rental income generated by the properties bought with new debt or issued shares isn't high enough (due to low cash yields on new properties) to offset the greater share count, which raises the cost of the dividend.

The expected new loan facility is to provide for 18 - months of interest - only payments (no amortization), which is designed to reduce the initial debt service burden on the Sponsor so that it has sufficient time needed to stabilize the Property.

SKELOS: «If you know what I said, if you listen to what I said, all FOUR gubernatorial candidates have agreed on no new taxes, a state spending cap, a property tax cap, job creation credits, and no debt.

- Administering the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful owners;

Whether or not debt can be transferred to a spouse depends on whether or not the deceased person lives in a community property state — including Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, Wisconsin and Alaska.

Liens against collateral used to secure debt, like car loans and home mortgages, will not be discharged, and that property can be repossessed or foreclosed on unless you continue to make payments or are able to reach a new agreement with your lender.

If the total liabilities on the replacement property exceed the debt that had existed on the relinquished property (assuming the taxpayer does not receive any cash or other non-like-kind property), the basis of the new property will increase.

Mortgage refinancing is when you place a new mortgage on a property in order to pay off higher interest debts or mortgages.

However, if you live in a community property state (California, Arizona, Idaho, Nevada, Louisiana, New Mexico, Washington, Texas or Wisconsin), your spouse and you may be responsible for debts incurred during the marriage, and the individual debts of your spouse may appear on your credit report as well.

BC's new Family Law Act and how it impacts excluded property placed in joint names or used to buy, renovate or pay down debt on jointly owned properties remains in legal turmoil.

On the other hand, if you and your spouse are preparing to end your relationship and you can agree on how you want to deal with such matters as property division, debt resolution, and child and spousal support without going to court, a separation agreement will ensure your new arrangements are clearly documenteOn the other hand, if you and your spouse are preparing to end your relationship and you can agree on how you want to deal with such matters as property division, debt resolution, and child and spousal support without going to court, a separation agreement will ensure your new arrangements are clearly documenteon how you want to deal with such matters as property division, debt resolution, and child and spousal support without going to court, a separation agreement will ensure your new arrangements are clearly documented.

Colin advises lenders on debt and property holding structures and due diligence for new lending transactions.

Last month after and interview with Faraday Director of Communications and Public Relations Stacy Morris, Bloomberg explained that North Las Vegas «declared a state of emergency in 2012 as collapsing property values sapped the state's third - largest city of revenue as it was paying debt service on a new city hall, a waste - water treatment plant and a regional park.»

Reverse mortgage lenders may require repayment if you do not pay your property taxes, keep the home in good repair, have homeowner's insurance on the property or if you rent out part of your home, add a new owner to the title of the property, the zoning of your home changes or you take out any new debt in which the home serves as collateral.

With the money left over after paying off her debts, and after a promotional transfer to another department, she could secure a R148 000 bond and raise R100 000 to put down as a deposit on a new property in Langa, which she moved into and shared with tenants.

Earlier this year, Horizon restructured its corporate management and debt, resulting in a new focus on property management.

Falling real estate values have put the squeeze on borrowers to come up with new equity for a refinance, even when properties are currently generating enough cash flow to cover debt service.

But to start off, choose one since it's risky enough that you are new and inexperience; you don't want to rack up more debt on top of your student loan and not to mention the possibility of failing class due to a huge amount of time is needed for real estate (do not spend hobby time on it, you'll get no where since it's actually harder to own one property than multiple).

In order to defer 100 % of the applicable depreciation recapture and capital gain income tax liabilities, Investors must meet three requirements when structuring tax - deferred like - kind Exchanges: (1) Exchange or trade equal or up in value; and (2) reinvest 100 % of the Investors equity (net cash proceeds from sale of relinquished property); and (3) replace any debt with new debt on the replacement property.

REITs have raised record amounts of capital this year, enabling them to buy and develop properties without taking on a load of new debt.

(ie $ 2M property, $ 1M cash, $ 1M debt, new property has to have at least that much debt, or you get taxed on the «boot»)

Proceeds from the loans will be used to replace existing debt on the property and fund tenant improvements and leasing commissions as well as capital expenditures for the construction of a new parking garage and interior renovations.

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.