Sentences with phrase «tangible property»

Unfortunately, many of these sites would not be eligible for tangible property credits under this proposed criteria.

If you want to invest in individual properties, you will need to do it the old - fashioned way by buying tangible property with cash in your local real estate market.

The invested funds (principal) are repaid at the end of the term (maturity) and are usually secured by tangible property.

Skilled in reviewing lease transactions and completing tangible property tax filings, compliance, and appeals, as well as audit reviews and verification of real estate assessments.

Too Much Personal Property in Contract Some residential real estate transactions include tangible property that is not classified as real estate — items such as furnishings, artwork, antiques, machinery and equipment.

Real estate usually refers to the physical tangible property, while real property is the more all encompassing term that includes both real estate and rights of ownership.

The change would still leave some investment partnerships out: those that have few employees and invest in tangible property like land or artwork, said Michael Kosnitzky, a tax partner at Pillsbury Winthrop Shaw Pittman LLP.

As we know, the IRS Tangible Property Regs implemented the BAR Test (Betterment, Adaption, Restoration).

Heisman said that in the last several years, an increasing number of illiquid assets are being donated, including real estate, collectibles and other tangible property.

This doctrine was derived from an old common law rule that invalidated «restraints on alienation» of property other than intellectual property on public policy grounds, and like the «restrain on alienation» rule for tangible property, the first sale doctrine that applies to intellectual property was also (at least originally) a court created common law rule.

You may even want to provide examples to the CPA to test knowledge of the IRS tangible property regs.

Critics of the term argue that «piracy,» which originally meant armed robbery of tangible property on the high seas (a form of theft), is an inapt way to describe copyright infringement which is really different in kind than theft because copyright infringement does not deprive anyone of use of the materials, it merely impairs the legally granted monopoly of someone regarding how it shall be used.

An estate of a New York nonresident must file a New York State estate tax return if the estate includes any real or tangible property located in New York State, and

Represented the United States government before the Iran - U.S. Claims Tribunal in the defense of an UNCITRAL Rules arbitration claim by Iran that the United States violated obligations under the Algiers Accords to arrange for the transfer to Iran of Iranian non-military tangible properties subject to United States jurisdiction.

The programs and all data files (documents, images, sound etc), even if stored on a computer or a device which is a personal chattel, can not be personal chattels, because they are not tangible property.

• Marital property includes real property, stocks / mutual funds, retirement plans (including military retirement), bank accounts, the increase in value of one spouse's separate property, and tangible property such as vehicles and household goods.

The distinction centers on whether tangible property held by a business is «depreciable» — meaning it can be reflected as declining in value over time under accounting rules — even though it may rise in market value.

If you own or lease a building or have made improvements or repairs to that building in the past 10 years, chances are you're familiar with the IRS's tangible property regulations (TPR).

@Jai Reddy It's not as simple as saying «everything that lasts more than a year is a capital improvement» especially after the release of the final tangible property regs.

@Dan Graney for the appliances under $ 500, you will want to look at electing the De Minimis Safe Harbor which allows you to expense personal property items and components of tangible property under $ 500.

On August 30, the state's residents will be able to vote on whether or not to exempt PV modules and other equipment from the real property tax and tangible property tax.

Ideally, you and your spouse will decide together how you want to divide the marital property — you'll have to decide things like whether one of you will keep the family home and buy out the other spouse's interest or whether you'll sell the house; who will keep the furniture and other tangible property; how you'll divide retirement assets that each of you has accrued through your work; and how to deal with marital debts.

Tangible property with a service life longer than one year, such as buildings and equipment, can be depreciated.

It includes tangible property that you have not fully depreciated yet.

Property damage is «physical injury to, destruction of, or loss of use of tangible property.»

A secured note will generally carry more risk than a debenture because it will not be secured entirely over tangible property.

If you have more than $ 15,000 in unsecured debt — debt that is not secured by tangible property — you can qualify to work with Freedom Debt Relief.

When pricing your business for sale, intangible assets can be even more important than tangible property.

The Executive Budget proposes that to be eligible for the tangible property credit a site must demonstrate that the site meets one of three tests:

We have significant concerns regarding the criteria that will be used to separate other projects into the newly proposed second tier, which — under the Executive Budget - would include sites that are not eligible for the tangible property credits, and the proposed third tier, which would include tax credit - eligible sites.

Quietly funny and unexpectedly frightening, Like Someone in Love is also one of the more forthright demonstrations of Kiarostami's Bressonian mastery of sound as a tangible property: the opening shot alone is a masterclass in sound editing, and not too shabby a lesson in composition, either.

Currently, our state taxes tangible property, such as houses, at a rate of one percent a year.

For the average renter or homeowner, this covers items such as clothing, jewelry, electronics and any physical, tangible property.

The definition of property damage is «physical injury to, destruction of, or loss of use of tangible property.»

If that security is tangible property the notes can be called debentures.

Secured debt is debt that is secured by tangible property that your lender can take possession of to settle the debt if you default on your payments.

Secured debt consolidation loans require borrowers to secure tangible property, such as a home or car.

There is no Pennsylvania state tax on personal property, but counties, municipalities, and school districts levy local taxes on real estate and tangible property.

A long - term capital gain is realized when a taxpayer holds an asset (e.g., stocks, bonds, mutual funds and tangible property, but not inventory) for more than one year and then sells it for more than he paid for it.

Like the abstract expressionists with whom he was closely associated, Seliger valued the tangible properties of his materials as much as he did the overall composition; his paintings are about the processes of nature, and they are about the processes of art; the work's meaning is in the symbiosis between the two.

Employing only the organic palette of the colours of existing objects, or smearing white across their surfaces, Gomes highlights the tangible properties of her objects while simultaneously making parts of them disappear.

In addition to tangible property, this type of policy may also include coverage for lost income, equipment, cash, business interruption, and any company documents you have on file.