Sentences with phrase «paying debt service»

When you apply all revenue from the rents to paying the debt service, you will be relying on reserve funds having to come from some other account should some event occur that would normally draw from reserve (some examples are replacing roof, replacing heater, handling an eviction - there are other such events).

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.»

Also, if you aren't constantly paying debt service, it's far easier to establish emergency funds that can help you handle unexpected events more easily.

i have over 1.2 M in equity in 2 homes leased and paying all debt service and another home mortgaged with about 20 % equity still remaining after the housing slump.

Now, let's assume that the market decides that ACME company is in big trouble and may have trouble paying its debt service.

Districts for which the state is not paying debt service would not have their grant funds reduced, the LAO said.

Unless this tax favoritism is reversed, more and more revenue will be diverted away from spending on consumption and investment to pay debt service and «financialize» the economy even more.

Homeowners and consumers, real estate investors and corporations have pledged so much of their income to pay debt service that there is not much left to pay interest on yet more debt.

The more dependent Russia becomes on foreign money and foreign bank credit, the more it needs to divert its ruble - money to pay debt service.

But people spend a rising proportion of their income to pay debt service.

Although the budget also provides $ 100 million to the MTA's capital program from redirected economic development funds, it also proposes using $ 165 million of Metropolitan Mass Transportation Operating Assistance Account funds to pay debt services on State bonds previously issued for the MTA capital program that otherwise would be paid from the General Fund and transferring $ 35 million in MMTOA funds to the General Fund.

«The money that then has to be used to pay that debt service comes from the taxpayers,» Dyster explained.

Cuomo, speaking later in the day, insisted he had only withdrawn $ 20 million from the MTA's budget last year to pay debt service on the MTA bonds, after the state contributed $ 1 billion to the agency's budget.

Most charters are not housed in former school buildings, therefore, buildings are usually rented or purchased.Both require major outfitting to accomadate, major real estate wheeling and dealing going on!Major debt financing, and each student is being counted to pay debt service.

Gross - revenue pledge: In a municipal revenue bond, a trust - indenture provision stipulating that the revenues first go to pay the debt servicing costs.

«Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord.»

The obligation to pay the debt service comes from the rent and that is attractive to many lenders.

If I used financing instead of cash out of pocket, then I want the rental income to pay the debt service.

Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord.

For example, you can sell all or part of your private mortgage note or other asset and use the cash to reduce or eliminate your debt so that you no longer have to pay the debt service on it.

Generally speaking, if the expense ratio (i.e., expenses divided by income) is more than 55 % it's going to be hard for you to make any money after you pay your debt service.

Not exact matches

But he points to a report from the Parliamentary Budget Officer released earlier this year showing that, since 2009, the debt service ratio — a measure of income spent to pay debt — has remained steady at around 14 per cent, not much higher than the long - term average.

After just 18 months of offering voice - over services on Fiverr, Young paid off the family's debt, and now, since selling his first service in February 2013, Young has made nearly $ 1 million in income.

When Hausmann was challenged on the point that the U.S. was actually paying to service its debt, he replied: «Yes, but they are making much more money on their investments abroad than they are paying on their liabilities abroad.»

People who can't afford traffic tickets should be required to do community service instead of having to pay fines, and we need more programs to help people deal with debt.

EBITDA does not give effect to the cash that we must use to service our debt or pay our income taxes, and thus does reflect the funds actually available for capital expenditures, dividends or various other purposes.

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

«Much of the welfare state concept was always an illusion, one financed by lavish amounts of debt for which present and future taxpayers will pay in the form of higher taxes and reduced services during their lifetimes,» writes University of Calgary lecturer Mark Milke in a recent article.

That's because raising rates means sooner or later consumers will pay higher debt servicing costs.

The Internal Revenue Service monitors such debt closely, though, to make sure it is not excessive and that adequate interest is paid.

And, debt service will require cash profitability to pay the interest expense on that debt.

That is, when debt service ratios are calculated using the discounted mortgage rates actually charged by banks (about 125 percentage points below posted rates), the average Canadian homeowner is paying just 25 % or so of income on mortgage payments, far below the 32 % benchmark used for mortgage - insurance qualification.

With his budget, this customer service rep paid off $ 30,000 in student loan debt in one year.

A customer - service rep named Talia Jane, who worked for the company's food delivery arm Eat24, wrote an open letter to Yelp CEO Jeremy Stoppelmann on Friday explaining how she could not afford to pay groceries, had stopped using her heater, spent 80 % of her income on paying rent in San Francisco, and was «balancing all sorts of debt and trying to pave a life for myself that doesn't involve crying in the bathtub every week.»

Of course, often folks using these services for side - income must pay down debt or use the funds to cover other needs.

«We want to make sure that people already struggling with debt don't find themselves paying large fees... with no guarantee the service will actually reduce their debt,» Manitoba's Consumer Affairs Minister Jim Rondeau said in a statement.

We pay about $ 250B in debt service every year.

Yet this does not (always) require taking out another loan to pay existing debts such as those seen in other debt consolidation services.

Taxpayers who do not own their home have no comparable ability to deduct interest paid on debt incurred to purchase goods and services.

And unemployment means no pricing power for labor, no wages to pay off debts accrued during the bubble, a potential wage of foreclosures and a resulting set off layoffs in the service sector.

As debts grow, more income must be paid out as interest and amortization rather than being available for spending on goods and services.

Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.

The obligatory debt service could be paid for by having 900 or so fewer employees.

The financial sector accordingly aims to shift taxes off its major customers (real estate and monopolies) so as to leave more revenue «free» to be capitalized into bank loans and paid out as debt service.

This approach reduces the debt problem to one of the degree to which taxes must be raised to carry the national debt, and to which businesses and consumers must cut back their investment and consumption to service their own debts and to pay these taxes.

How can U.S. labor compete with foreign labor when employees and their employers are obliged to pay such high mortgage debt for its housing, such high student debt for its education, such high medical insurance and Social Security (FICA withholding), such high credit - card debt — all this even before spending on goods and services?

Public policy is needed to cope with the incompatibility between the inability of consumers, businesses and governments to pay their stipulated debt service except by transferring an intolerable proportion of their assets to creditors.

Interest and amortization payments to savers tend to increase beyond the economy's overall ability to pay as debt service absorbs more and more personal disposable income and corporate cash flow.

A dynamic is put in place in which debt keeps labor down — not only by eating up its wages in debt service, but in making workers suffer sharp increases in the interest rates they have to pay or even risk losing their homes if they miss a payment by going on strike or being fired.

In other words, people have to pay either so much debt or they have to have forced saving, like pension fund saving, that the economy is shrunk for financial reasons, for putting more and more of its money out of the real economy of goods and services into the financial sector.