Sentences with phrase «sale of existing properties»

As sales of existing properties languish, developers are mired in a glut of hotels, condos and apartment complexes following a construction boom.

Her new home closed before the sale of her existing property, requiring her to take out a sizable bridge loan.

In addition, some companies can recognize a capital gain on the sale of an existing property.

The sale of your existing property and subsequent 1031 Exchange into land with a corresponding build - out of a multi-family property is referred to as an Improvement 1031 Exchange or a Build - To - Suit or Construction 1031 Exchange.

So Ross, it is your position then that even though a customer to your open house is in an Agency relationship with another Registrant, as it relates to the sale of an existing property, that: «they're realty orphans, they're fair game.»

There are no new developments planned in Whistler so the only way to meet buyer demand will be through the sale of existing properties.

Despite rumors of new projects potentially being released into the Pemberton market in 2016, nothing has been confirmed yet and we are struggling to meet buyer demand through the sale of existing properties.

If the same taxpayer structures a 1031 Exchange from the sale of a existing property into the purchase of a new property, the tax basis from the existing property shifts over to the new property and is increased by the difference in their values.

Sometimes the purchase of the new property occurs immediately after the sale and in other cases it occurs up to 180 days after the sale of the existing property.

The sale of the existing property always needs to occur first, because the sale proceeds must be transferred to the qualified intermediary, which will apply the funds toward the purchase of the new property.

A 1031 construction exchange enables the taxpayer to defer federal and state capital gains and recapture depreciation taxes on the sale of existing property, and construct improvements to a replacement property.