Sentences with phrase «holds the property until»

The lender will either hold the property until you can repay or sell the property to recoup some of their money.

If you hold a property until you die, your estate or heirs will receive a full step up in tax basis equal to the property's fair market value.

Fortunately, there is a way around this — hold the property until you die.

Unless he plans to hold the property until its rental value has increased by $ 500 a month, he should consider selling it and writing - off the loss.

The lender will either hold the property until you can repay or sell the property to recoup some of their money.

Additionally, there can be tax benefits for buying and holding property until you die.

You might plan on holding the property until it appreciates enough in value to allow you to sell it for a healthy profit.

The trustee, meanwhile, is simply the person or institution that holds the property until the Trust's conditions are met.

Or are you able to hold the property until it sells?

Not exact matches

Billions of dollars in unclaimed property is being held by states until owners claim it.

The equipment becomes the property of the purchaser on delivery, but the seller holds a mortgage claim against it until the amount specified in the contract is paid.

Property and casualty insurance companies invest a substantial percentage of book value and policyholder «float,» which is money they hold until policy claims are paid out but do not own, in investment - grade bonds, particularly corporate bonds.

Yet the Branch Davidians never hurt anyone until their property was invaded by force by people who never identified themselves until they showed up holding guns.

i didn't know that until i worked there & was surrounded by gay everything & we were NOT allowed to speak the word God or Church or even invite someone to come to a yard sale if it was held on any church property & you're not allowed to say Merry Christmas.

From now until November, on the last Wednesday of every month, Grace Winery will host a dinner for 30 to 40 guests held on various locations of the property from the bocce court to the middle of the vineyard among the grapes.

The Baskerville property was sold by the original owners who held it from the 1920's until approx 1985.

The Naperville City Council is holding off annexing the property until traffic and storm - water issues can be resolved.

Until the chancellor George Osborne's budget crackdown on Wednesday, anyone buying property held by offshore vehicles could avoid stamp duty by acquiring a company's shares rather than purchasing the property directly.

I do agree, that holding any lease payments in escrow until the tax lien is satisfied, as ordered by the Executive, is in the best interest of the county's taxpayers and will hopefully encourage the property owners to act quickly to pay their back taxes.

However, if you hold it until you die and your heirs sell the property a week after your death, they may not have to pay any tax at all.

HUD like other federal agencies, are anxious to unload properties they hold, because they can be a financial drain.The U.S. Department of Housing and Urban Development (HUD) is offering its foreclosed homes for a mere $ 100 down from now until October 2012.

Escrow is the process by which a neutral third party mediates a real estate deal, holding money and property «in escrow» until the two sides agree that all the conditions are met for a sale to close.

Though the properties may have been legally held jointly by the two of you, the properties were still beneficially your mother's until her death.

The trustee «holds» the property for the borrower until the borrower has repaid the lender, at which time the deed becomes nullified.

If you still have some equity in your property, you may want to hold onto it until home prices in your area improve.

The lender agrees to hold the title to your property (or in some states, to hold a lien on your title) until you have paid back your loan plus interest.

An SGX - led study showed that if you invested in Singapore property in 2001 and held it until 2010, you'd be worse off than if you had simply invested that same amount in the STI.

The proprietor of the property is willing to hold financing for potential purchasers until purchasers either pay up all required funds or get bank financing.

By holding onto the property until your death, you (and your estate / heirs) never have to pay this back due to the step up in tax basis at death.

Consequently, lenders do not discover that they hold a third, fourth, or fifth lien on a property (rather than the expected second lien) until later.

Holds and protects exchange proceeds on behalf of the taxpayer until exchange funds are needed to purchase the replacement property;

Bonus: Even if the value of your rental income property takes a dip, you can continue to earn and hold rent — and wait to sell until the market value goes back up.

A total of 35 nominations, including natural, cultural and mixed properties will have been reviewed by the Committee which is holding its 35th session at UNESCO Headquarters in Paris until 29 June.

The National Tourism Administration of the People's Republic of China (CNTA), together with the Provincial Government of Sichuan, has officially opened the 2011 Sichuan International Tourism Festival, 2011 with a formal ceremony held at the town of Shuimo in Wenchuan County, Sichuan ProvinceRunning until May 15th, 2011 this international tourism festival commemorates the devastation caused by the 8.0 - magnitude earthquake that struck the province of Sichuan at 2:28 pm China local time on May 12th, 2008 with devastating consequences to both life and property.

Conversely, if you're looking to book a property that's going down in category, try to hold off until after the category changes are processed.

Until now, Rose City Games has mostly worked worked on bits of larger projects for intellectual properties held by companies like Microsoft or Activision.

Money or property of an estate is held in custody, or in trust, by a trustee until it is turned over to an heir.

For instance, if a property owner lets their hot water heater decay and rot until it has a major malfunction — maybe it releases ruptures and floods an apartment, or causes colder water to immediately become scolding hot, burning a resident in the shower — they could be held liable.

They can also agree to hold property together; this isn't a very attractive option for many people, because it requires ongoing interactions with an ex-spouse, but some couples agree to keep the family home until children are out of school.

It was common ground that the parties had held the beneficial interest in the first property in equal shares until 1993, and that the claimant had not acquired a beneficial interest in the second property.

You are loaning money to another person or business and want to hold an interest in certain property they own as security until they repay their debt.

They can also agree to hold property together — this isn't a very attractive option for many people, because it requires a continued relationship, but some couples agree to keep the family home until children are out of school.

However, a pendente lite order would direct that the proceeds of the sale be held in escrow until property distribution can be decided at trial.

They agreed to delay the sale of their real estate holdings to maximize the sales price; instead the husband would pay the wife monthly payments to replace her lost income until they sold those properties.

When a landlord has renters that he doesn't want to inconvenience with multiple showings, he or she may wish to hold off showing the inside until they have the property under contract.

In the event of the catastropic issue, you will have to hold a paid off property until the crisis has passed.

In addition, certain unstable elements of the asset can be held off the market until solutions are identified, thereby allowing the majority of the property to be traded into the current vibrant market.

One of the rules, however, in qualifying for a Section 1031 Like Kind Exchange, is that an independent third party must take possession of the net sales proceeds and hold them until the closing on the purchase of the replacement property, so that you never have possession of, nor control over, the funds.

Contract for deed: A sales contract in which the buyer takes possession of the property but the seller holds title until the loan is paid.

I am tentatively planning to buy - and - hold the property to build up the downpayment on the next property and continue growing until I have 50 units.