Sentences with phrase «personal property held»

A 1031 exchange defers the federal and state capital gains and recapture depreciation taxes triggered when selling and replacing real and personal property held in a business or for investment.

The theory is when a taxpayer, either domestic or foreign, sells real or personal property held in a trade, business or for investment and reinvests the sales proceeds and debt retired, their economic position has not changed.

1031 exchanges are routinely used by individuals, trusts, limited liability companies and corporations to defer short and long term federal and state capital gain and depreciation recapture taxes when selling and replacing real and personal property held for productive use of a business or for investment.

A 1031 exchange allows the taxpayer to defer federal and state capital gain and depreciation recapture taxes when selling and replacing real and personal property held in the productive use of a business or for investment.

A 1031 exchange enables a taxpayer subject to US federal capital gains to defer the tax when selling and replacing real and personal property held in the productive use of a business or for investment.

Real and personal property held for investment or for use in a business located outside the United States is eligible for a 1031 exchange given the replacement property is also located and predominantly used outside the United States.

Foreign real and personal property are eligible for the tax deferral if exchanged for real and personal property held predominantly outside the US.

Property is either real or personal property held for productive use in a trade, business or for investment.

Before reading more, for those not familiar with a 1031 exchange and you are selling real or personal property held in a business or for investment, continue to press forward.

An Internal Revenue Code (IRC) Section 1031 exchange allows the taxpayer to defer the federal and state capital gain and depreciation recapture when selling real or personal property held in the productive use of a business or investment when exchanged for property to be held in the productive use of a business or investment.

The outcome of the code allows taxpayers to defer the capital gain and recaptured depreciation taxes for real and personal property held for use in a business or investment.

Next up, you sit down and have a close look at your personal property holdings and think about their worth.

Not exact matches

The insurance holding company provides a wide range of commercial and personal property and casualty insurance products.

To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to you.

Allocated gold is held as your personal property in explicit physical form.

We observe donors using other assets to contribute to their donor - advised funds, such as closely - held stock, real estate and personal property.

RELEASE AND LIMITATIONS OF LIABILITY: By participating in any Aberdeen Group survey, entrants agree that Aberdeen Group and any other applicable sponsor, and its parents, affiliates, subsidiaries, representatives, consultants, contractors, legal counsel, advertising, public relations, promotional, fulfillment and marketing, web site providers, web masters, Aberdeen Group and their respective officers, directors, employees, representatives, and agents (The «Released Entities»), will have no liability whatsoever for, and shall be held harmless by entrants against any liability for any injuries, losses or damages of any kind to persons, including personal injury or death, or property resulting in whole or in part, directly or indirectly, from acceptance, possession, misuse or use of a prize, entry, or participation in any survey contests or in any survey contest related activity, or any claims based on publicity rights, defamation or invasion of privacy, or merchandise delivery.

RELEASE: Member hereby releases and agrees to indemnify and hold harmless The Greene Turtle from and against any and all costs, claims, damages, or any other injury, whether due to negligence or otherwise, to person (s) or property (including, without limitation, death or violation of any personal rights, such as violation of right of publicity / privacy, libel, or slander), due in whole or in part, directly or indirectly to the Member's participation in the Turtle Rewards program, or the receipt, use or misuse, of Turtle Rewards or any other reward.

I / WE HEREBY RELEASE, WAIVE, DISCHARGE AND COVENANT NOT TO SUE the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities used by the participant, including its owners, managers, promoters, lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISE.

By submitting an Entry, each Participant (whether declared a Winner or not) agrees (and agrees to affirm such in writing) to (i) abide by and be bound by these Official Rules and the decisions of DeliciousBaby on all matters relating to this Giveaway which decisions are final and binding in all respects, (ii) waive any right to claim ambiguity in the Giveaway or these Official Rules, (iii) forever and irrevocably release, discharge, indemnify and hold harmless the Giveaway Entities, and each of their respective officers, directors, licensors, employees, representatives and agents (collectively, the «Released Parties») from any liability, claims, demands, and cause of action from personal injury, loss or damage, including death, or property damage, theft, or loss suffered or resulting in whole or in part, directly or indirectly, from participation in this Giveaway or the use, misuse or acceptance or possession of the Prize or any portion thereof, or participation in any Giveaway - related activity; (iv) grant DeliciousBaby (where permitted by law) the right to use their name on a worldwide basis, in all forms of media, in perpetuity without review or further compensation and, (v) warrant and represent that the use of the materials submitted in this Giveaway will not violate the rights of any third parties.

D. See complete 2018 Park Avenue Facility Regulations section: 1,2, & 7 * Loss from theft, vandalism or accident resulting during storage of any personal property on park premises is at the owner's risk and the Park District is not held responsible.

Other assets like Royal Art collection and Royal palaces are held in trust and aren't personal property of the monarch.

Instead, basic liberties for Rawls consist only in civic and political freedoms, such as a right to equal political voice, and personal freedoms, such as freedoms of movement and occupational choice and freedom to hold personal property.

** By Special Meeting of the Massachusetts Legislature, in Chapter 180, enacted October 1, 1971, a blanket modification was established which empowered the corporation to hold real and personal property in an unlimited amount.

Entrants agree to release and hold harmless the Bloggin» Mamas, Heather Lopez Enterprises, LLC, Florida Prepaid, Moore Communications, Twitter, and any other organizations responsible for sponsoring, fulfilling, administering, advertising or promoting this giveaway, and their respective parent, subsidiaries, and affiliates and each of their respective officers, directors, members, employees, agents and subcontractors (collectively the «Released Parties») from and against any and all claims, expenses, and liability, including but not limited to negligence and damages of any kind to persons and property, including but not limited to invasion of privacy (under appropriation, intrusion, public disclosure of private facts, false light in the public eye or other legal theory), defamation, slander, libel, violation of right of publicity, infringement of trademark, copyright or other intellectual property rights, property damage, or death or personal injury arising out of or relating to a participant's entry, creation of an entry or submission of an entry, participation in this giveaway, acceptance or use or misuse of prize.

IN NO EVENT WILL BRAND YOU MAX, ITS OFFICERS, DIRECTORS, EMPLOYEES, EDITORS, AND REPRESENTATIVES BE HELD LIABLE FOR ANY DAMAGES OF ANY KIND INCLUDING WITHOUT LIMITATION COMPENSATORY, DIRECT, INDIRECT, OR CONSEQUENTIAL DAMAGES, LOSS OF INCOME OR DATA, LOSS OF OR DAMAGE TO PROPERTY, PERSONAL INJURY, AND CLAIMS OF CUSTOMERS OR THIRD PARTIES ARISING FROM ANY CUSTOMERS» INTERACTION, INVOLVEMENT, AND RELATIONSHIP WITH MEMBERS OF THE ONLINE AND / OR OFFLINE DATING COMMUNITY OF ANY KIND, EVEN IF BRAND YOU MAX WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Even if you endorsed it to be open perils, there's really very little damage to personal property that would be likely to occur from groundwater contamination, and you are earth - shatteringly unlikely to be held responsible for that damage so liability coverage isn't really relevant.

That can help prevent misunderstandings at the time of loss, as some people hold incorrect beliefs about who is responsible for their personal property.

There are plenty of other smaller personal finance measures that have been ably covered by the above - named financial journalists and other media, such as extended compassionate care and simplified rules for non-registered accounts holding under $ 250,000 in foreign property.

-- As already mentioned, real estate owned in foreign countries and held strictly for personal use are not considered «foreign property».

In addition to the damage done to the building, other people would hold you responsible for damage done to their personal property.

If you serve alcohol at your home, you can be held responsible for any harm that might occur to intoxicated guests, other parties, or any personal property stemming from their drinking.

Your house is one of the largest financial assets you'll ever own, and it holds most — if not all — of your personal property.

In addition, the insurance can protect you from personal liability in case, for example, someone slips and falls in your apartment and you are held liable for the injury or if you cause damage to another person's property.

Schedules listing your real and personal property, creditors hold secured and unsecured debt, current income, current expenditures, contracts, leases, education / tuition accounts and more

A Lien puts a hold on real or personal property and allows the property to be held as collateral for debt payments or services which are owed to another lender.

By participating, each Customer and selected winner agrees: (a) to be bound by these Rules and the decisions of Virtual Brokers, (b) to release and hold harmless Virtual Brokers, its affiliates, subsidiaries, and independent contractors, and their respective directors, officers, employees, agents and representatives including advertising and promotion agencies, from any and all liability for claims / damages including, but not limited to, claims / damages for personal injury, for property damage with respect to acceptance, possession or use or misuse of the Prize or participation in the Raffle; (c) to permit Virtual Brokers to use his / her name, address, city, province, of residence, photograph, video, or any likeness for advertising or publicity purposes without any additional compensation and (d) the winner agrees to sign a Declaration and Release Form to this effect.

It includes the policy number and effective dates, what types of coverage you have, what the policy's limits are, and personal information about the individuals insured or holding liens against the property.

Drivers are also required to hold personal property insurance (PPI).

This post raised my curiosity since I am too in a situation that I thought will require me filling this T1135 as of next year... but what you say for foreign properties held for personal use not being counted towards these foreign assets is very interesting.

In situations (b) and (c), the property is an income - earning investment property that is not held primarily for personal use and enjoyment.

CRA makes it very clear that properties held solely for personal purposes are not «specified foreign property» and are not required to be disclosed in form T1135.

While personal umbrella insurance is designed to help cover expenses if you are held responsible for damages to someone else's property, that coverage typically won't apply if you cause damage to your own property.

If you are thinking about buying personal property valued over $ 5000 from a private individual, for example a car, boat, furniture, art or jewellery, you should make sure the property does not have a security interest held over it.

State income, business, and estate tax returns, personal property tax returns, and confidential records held pursuant to § 58.1 - 3 (which include any information with respect to the transactions, property, including personal property, income or business of any person, firm or corporation and any copy of a federal return or federal return information required by Virginia law to be attached to or included in the Virginia return)(§ 2.2 - 3705.7 (1)-RRB-

Liability protection protects your assets from personal liability, if someone is hurt or their property is damaged and you're held responsible.

It also provides coverage for your personal liability should you be held legally responsible for injuries or property damage that you unintentionally cause.

We need to be holding humans — owners — responsible for the behavior of their personal property — dogs.

I release, discharge, indemnify, and hold PM / PAWS harmless for any and all damage or veterinary expenses caused by a foster animal, directly or indirectly, to people, personal property or pets.

Personal or Property Damage and / or Injury I agree that accidental animal bites or other injuries to humans and other animals do occur, and agree to hold harmless and indemnify, and protect San Antonio Pets Alive!