Sentences with phrase «held property as»

In many cases the borrower and deceased spouse held the property as «Tenants by the Entireties» meaning between husband and wife and therefore the survivor of them would gain full rights and ownership to the property.
Now if a buyer stepped forward for your currently held property as a surprise, planning ahead isn't going to be very easy.
When determining your capital gains you also might have to recapture the amount of depreciation that you have / should have claimed during the last 2 + years you held the property as an investment.
Priests should not meddle in business and if they did, were to be shunned as the plague.5 The bishop of course was responsible as an agent for the goods of the Church and the Church, even before Constantine, held property as a corporation.
You can turn a standard quitclaim deed into a survivorship deed by writing that the «second party» or «grantee» — the people who are receiving the property, in this example, you and your adult child — hold the property as «joint tenants with rights of survivorship.»
A trust exists when a person (a trustee) holds property as its nominal owner for the good of one or more beneficiaries.
You can choose to hold property as «tenants in common» in which case your partner would be entitled to his share, but you could pass your share on to the kids.
Spouses typically hold property as joint tenants, whereby upon the death of the first, the asset passes directly to the survivor and does not make up part of the estate of the deceased.
It didn't come easy though, he worked hard to complete flips, and purchase some buy and hold properties as well.
Fix and hold loans are also available to investors who wish to purchase a property in need of rehab, make improvements and then hold the property as a rental.
As the Society expanded to serve a larger number of animals, the organization's footprint in the city expanded, as well, eventually holding properties as far north as the Indianapolis Zoo near its home at the time in Washington Park.
No, you need to use a Survivorship Deed to transfer rights of survivorship, where the parties will hold the property as joint tenants, with the survivor taking a fee simple interest (complete ownership) in the property upon the death of the other party.
In Hansen, the Ontario Court of Appeal addressed what conduct constitutes a «course of dealing» sufficient to establish that a joint tenancy has been severed, such that the co-owners now hold the property as tenants in common.
A lot of turnkey companies don't have the capacity to keep holding properties as buying, renovating, and holding properties can be capital - intensive and some of these companies manage and sell hundreds of properties.
Take advantage of neighborhood appreciation by holding the property as a source of income while increasing rents each year in keeping with inflation.
With respect to tax implications, when holding properties as a cash flow investor, the LLC (or LP) is generally the better choice because an LLC has more liberal distribution rules.
If a constructive trust is imposed, the court will determine that the damaged party is in fact the owner of the property and that the party currently in possession is merely holding the property as trustee for the other party.
For real estate investors, the United States provides the opportunity to earn a living purchasing investment properties... and holding those properties as investments, and of course the income from -LSB-...]
In this case, because you acquired the real property as your like - kind replacement property in a prior 1031 exchange, you should hold the property as investment property for 12 to 18 months or more in order to demonstrate that you had the intent to hold the like - kind replacement property for investment.
The question is how long must you hold the property as investment property?
For real estate investors, the United States provides the opportunity to earn a living purchasing investment properties... and holding those properties as investments, and of course the income from those properties is taxed.
Tyler also held some properties as rentals and eventually sold his properties before the crash, which caused him to incur a huge tax bill.
I did some research and found that if I hold the property as a rental for some time after rehab (not specified in 1031 exchange); I can then sell and qualify for the 1031 exchange.
Often these individuals hold property as joint trustees for their benefit.

Not exact matches

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She holds an honors degree in law from the University of Melbourne and has worked as a property lawyer in Singapore.
When most people think of real estate investing, they think of either buying properties to fix them up and resell them, or they think of buying and holding property to rent out as a landlord.
The four conglomerates originated in different sectors, but their underlying business model is the same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible in stock and property overseas as a hedge against slower growth in China and the risk of a weaker Chinese currency.
Projections involve numerous assumptions such as rental income (including assumptions on percentage rent), interest rates, tenant defaults, occupancy rates, foreign currency exchange rates (such as the US - Canadian rate), selling prices of properties held for disposition, expenses (including salaries and employee costs), insurance costs and numerous other factors.
April 5 - U.S. fashion footwear company Nine West Holdings Inc intends to file for bankruptcy as soon as this week with a plan to sell the intellectual property of its flagship brand to Authentic Brands Group LLC, people familiar with the matter said on Thursday.
One example: «When purchasing a company with significant intellectual - property assets, such as patents, you've got to make certain they're held in the company's name so that you wind up owning them,» cautions Rosenbaum.
If the holder of an applicable partnership interest is allocated gain from the sale of property held for less than three years, that gain is treated as short - term capital gain and is taxed as ordinary income.
While not all improvements on a property require a permit, such as painting, replacing light fixtures or adding window coverings etc., permit activity is a broad indicator of whether investors are improving properties or merely holding out for price gains.
This discussion is limited to non-U.S. holders who purchase our Class A common stock issued pursuant to this offering and who hold our Class A common stock as a «capital asset» within the meaning of Section 1221 of the Code (generally, property held for investment).
Among the many pieces of information that it requires are «any foreign financial interests (such as stocks, property, investments, bank accounts, ownership of corporate entities, corporate interests or exchange traded funds (ETFs) held in specific geographical or economic sectors).»
I am going to be leaving NYC soon and I do intend to hold onto the property as a rental property investment (historically, Manhattan rents have stayed relatively strong so I» m pretty comfortable with this as a good investment approach).
It gets into more of the asset protection elements of a holding company, such as the ability to isolate valuable intellectual property into so - called «silos», among other topics.
This discussion assumes that a non-U.S. holder holds shares of our Class A common stock as a capital asset within the meaning of Section 1221 of the Code (generally, property held for investment).
This is why I urge everybody to build income producing assets, acquire rental property, start your own website, take advantage of real estate crowdsourcing investments, build a dividend equity portfolio and hold on to these assets for as long as possible.
Allocated gold is held as your personal property in explicit physical form.
Its adjusted earnings surged 58 % to $ 1.04, beating expectations by $ 0.19, as its hold - adjusted property EBITDA climbed 20 % to $ 1.37 billion.
He also served as national accounts director for Yahoo's Automotive and Finance properties and held multiple positions at DoubleClick, Inc., including director of business development.
In our knowledge - based economy, Intellectual Property (IP) holds as much economic value as hard assets.
10.3 You agree that we may carry out a valuation of the Property in order to ensure that it is suitable to be held as security against any RPA Loan that may be provided to you.
Without an infusion from Wall Street, Graham believed, she would have had to sell one of the paper's television stations (it continues to operate a number of media and educational properties — minus The Washington Post — as the Graham Holdings Company).
The successful program allowed copies of records held by the land registry and all other parties to the transaction, such as banks and real estate agents, and each step of the property purchase process to be verified and recorded on blockchain for all parties to see.
This summary is limited to non-U.S. holders who purchase shares of our common stock issued pursuant to this offering and who hold our common stock as a capital asset within the meaning of Section 1221 of the Code (generally, property held for investment).
This discussion applies only to U.S. holders of shares of HP Co. common stock who hold such shares as capital assets within the meaning of Section 1221 of the Code (generally, property held for investment).
This discussion applies only to a U.S. Holder that holds our ordinary shares or ADSs as a capital asset for tax purposes (generally, property held for investment).
This bonanza holds true for real estate as well, as the Golden Week holiday is a prime sales season when Chinese traditionally leverage the week - long holiday to property hunt, and is also a period that Chinese developers capitalise on to market new real estate projects.
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