Sentences with phrase «entire sale proceeds»

Do I need to invest the entire sale proceeds of 18 lakhs to Notified bonds or only the capital gain of 8 lakhs to avoid LTCG tax.

Dear Bharath, You can invest the entire sale proceeds to buy the new property.

Capital gains will be obviously less than the entire sale proceeds right.

Dear SHAM, You can deposit the CAPITAL GAINS (not entire sale proceeds) amount in a public sector bank or other banks as per the Capital Gains Account Scheme - CGAS, 1988.

By structuring the deal in such a manner you defer the taxes you owe on the profit and invest the entire sales proceeds in replacement properties.

Not exact matches

In the absence of this analysis, the IRS assumes that the entire gross proceeds reported on a 1099 - K are taxable, so it is crucial to analyze and report the cost basis and sales price properly.

Preventing originating lenders from transferring the entire loan within the first five years, or require proceeds from loan sales to be escrowed and released only gradually.

You can use the entire Long Term Capital Gain proceeds on sale of a residential house to buy another house property (residential property) to save Capital Gains tax.

Yes, you can use the entire Long Term Capital Gain proceeds on sale of a residential house (Flat) to buy another house property (residential property) to save Capital Gains tax.

Dear Rushi, You can use the entire Long Term Capital Gain proceeds on sale of a residential house to buy another house property (residential property) to save Capital Gains tax — Section 54.

Proceeds from the sale of the home will always cover the entire repayment amount, whether or not the loan balance has exceeded it.

«Hard Emotions» is organised in collaboration with Dhaka art agency ARTcon, and the entire proceeds of sales will be contributed to the welfare funds of the Centre for the Rehabilitation of the Paralysed (CRP).

I received a letter from Strategic Recovery Group saying the proceeds from the foreclosure sale did not satisfy the entire amount owed and that a deficiency balance remains due.

The sister sold her home, and some of those sale proceeds went to pay for the entire purchase price of the subject property.

The entire net - lease investment sector has grown dramatically over the last few years due largely to a booming 1031 exchange market, which enables sellers to roll the proceeds from one real estate sale into another real estate purchase, and thereby defer any capital gains taxes.

If I can get proceeds upto $ 500k (as I am married) tax free, and if my condo sells for $ 650k (after commissions / fees)- would I be liable for taxes on the remaining $ 150k or for the entire sale price if I choose not to go through a 1031 exchange?

Proceeds from the sale of the home will always cover the entire repayment amount, whether or not the loan balance has exceeded it.

Your entire relinquished property sale transaction will be assigned to your Qualified Intermediary so that at the close of the transaction your Qualified Intermediary will receive all of your net cash proceeds as well as the seller carry - back installment note.