Sentences with phrase «portion of its interest expense»

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Room and board during school counts; however, if you used any of your student loans to fund personal expenses not related to education, you must reduce your deduction so you aren't deducting interest paid on this portion of your loans.

The royalty trust has virtually zero expenses (other than interest, taxes, and the ongoing cost of being a publicly - traded company), as well as a dependable source of revenue (a portion of top - line sales).

The portion of the parent company's income attributed to the minority interests is subtracted from reported profits, i.e. the minority interest expense.

Debt Service Coverage Ratio = Net Profit plus Depreciation plus Amortization plus Interest Expense divided by Current Portion of Existing plus Proposed Debt.

At the same time, the Fed's expenses, which account for that portion of its earnings that it doesn't pass on to the Treasury, have also grown substantially, mostly owing to its interest payments on bank reserves.

- Age 24: Any savings bonds (series I or series EE) purchased at the age of 24 or later are eligible to have all or a portion of interest earned be excluded from your gross income if used for qualified education expenses.

When filing taxes, landlords renting out a part of their primary residence can deduct a portion of their expenses related to the rental unit, but those renting out an entirely separate income property can deduct even more — both capital expenses (renovations and real estate commissions) and current expenses (insurance and interest).

The personal use portion of expenses such as property taxes and interest are reported on Schedule A as itemized deductions to the extent they would otherwise be deductible.

However, if you are self - employed and operate a business out of your home you can also gain some tax advantage on portions of the mortgage interest, property taxes, condo fees and utilities as these are considered tax deductible expenses.

If you use the same credit card for personal and business expenses, you can only deduct the portion of the interest attributable to the business - related charges.

This is done by amortizing the debt, which involves calculating the interest and principal portions of the debt separately, allowing for the recording of interest expense and the making of adjustments to the debt's carrying value on the balance sheet.

If part of your investment income is from tax - exempt interest, you have to limit your deductions to the portion of investment expenses that do not relate to tax - exempt interest.

Each Investment Option (with the exception of the Principal Plus Interest Option) indirectly bears its pro rata portion of the underlying Funds» expenses because when fees are deducted from an underlying Fund's assets, the value of the underlying Fund's shares is reduced.

The Manager has contractually agreed to waive a portion of its management fees and / or pay the Allocation Fund's expenses (excluding taxes, interest, brokerage commissions, acquired fund fees and expenses, expenses incurred in connection with any merger or reorganization and extraordinary expenses such as litigation) in order to limit the net expenses of the Allocation Fund to 0.75 % of the Allocation Fund's daily average net assets.

Potential business expenses for you might include travel; a portion of your rent or mortgage interest, home insurance, and utilities if you're working at home; office supplies; health insurance; intangible drilling costs (really!)

But if you used the remaining 20 percent to buy office equipment, travel expenses to a work - related convention or two, and other business costs, you can deduct the interest on that portion of your personal loan.

If it is found that even a minuscule portion of the business line of credit is used to pay for a personal expense, the IRS could reclassify it as a personal line of credit and disallow all interest charges.

Basic items you can write off also include charitable donations, interest paid on your mortgage, and a portion of non-reimbursed medical expenses.

If you include only the interest portion of the payment as an expense, your monthly expense in the first year is about $ 1,450 and decreasing every year thereafter.

You can deduct a portion of the interest you pay on student loans used to pay for college or other post-high school education expenses for yourself, your spouse or your dependents.

Bond premium amortization for each coupon payment period illustrates how the actual cash coupon payment effectively pays interest expense and returns a portion of the bond premium for the bond seller or earns interest income and receives a portion of the bond premium for the bond buyer.

20 Pro Forma Financial Highlights Sources & Uses Refinance PENN Existing Debt: $ 2.7 billion Pre-spin redemption of Fortress Investment Group Conversion Shares: $ 412 million Pre-spin redemption of other Preferred Equity: $ 253 million (1) Cash portion of the Accumulated E&P Dividend: $ 438 million Transaction Expenses: ~ $ 145 million Total Transaction Debt: $ 3.75 — $ 4.25 billion Key GLPI (REIT) Stats Target Leverage: 5.5 x EBITDA Target Interest Coverage: 3.2 x Target Dividend Payout Ratio: ~ 80 % AFFO less employee option holder dividends Key PNG (OpCo) Stats Target Leverage: 3.0 x EBITDA Implied Adjusted Leverage: 5.6 x EBITDAR Target Rent Coverage: ~ 2.0 x Target Interest Coverage: > 5.0 x Includes $ 22.5 m Preferred Equity redeemed in the first quarter of 2013

If you pay only a portion of the credit card bill your first month, you will have to pay your next month's bill, your current leftover balance, the late fee, and some interest expense.

Whole life payments are higher, but a portion of the payment is set into an interest - bearing account that can be used later to pay for college or help cover unplanned expenses.

The interest portion of your mortgage payment is an example of a tax - related expense that is in fact not an operating expense.

However, since HUD requires borrowers to put down a minimum of 3.5 percent, they can access bridge - loan assistance only for other upfront expenses such as closing costs, an interest - rate buy - down, or a portion of the downpayment above 3.5 percent.

If you regularly and exclusively use part of your home to perform administrative or managerial activities for your business, you can claim a home office deduction for a portion of your expenses related to utilities, rent or mortgage interest, and cleaning.