Sentences with phrase «then hold the property»

Fix and hold loans are also available to investors who wish to purchase a property in need of rehab, make improvements and then hold the property as a rental.

Not exact matches

She bought some property in Turks and Caicos, and had planned to hold a retreat there, but then Hurricane Irma came, hitting the region hard.

Since then, Ruth has been buying distressed properties and turning them into income - producing rentals held by her SDIRA, which is delivering healthy double - digit returns annually.

Sotheby's International Realty had sold the building to RFR Holding Corp. for $ 175 million in 2002 to help pay off regulatory fines, and then leased the property back.

That makes because many people borrowed on their home equity (to make home improvements, big purchases, or invest in another property) when the housing market was doing well, and then they got stuck holding the bag when housing prices fell.

Let's say you want to invest in a foreclosure property because you feel this is a good investment, and you will hold it for a period, and then you will sell it for whatever the gains are.

[Then we continue:] «Although you may not marry a wife without witnesses, or buy, or acquire property; although you neither receive an a-ss nor possess a beast of burden unwitnessed; and although you do possess both wives and property and as - ses and so on through witnesses, yet it is only your faith and your scriptures that you hold unsubstantiated by witnesses.

And then there are the KTVs («karaoke bars») with rows of plastic chairs holding property: young women in skimpy cocktail dresses waiting for clients.

The watchlist, first implemented in 2010 by then - Public Advocate Bill de Blasio in 2010, is intended as an information - sharing tool to allow residents, advocates and public officials to identify which buildings and property owners are in constant violation of the law and hold landlords accountable.

Then immunotherapy firm Juno Therapeutics shook hands with gene - editing start - up Editas to create anticancer immune cell therapies; Vertex Pharmaceuticals and Crispr Therapeutics, another start - up, inked an agreement that could be valued at $ 2.6 billion; while Regeneron Pharmaceuticals formed a patent licence agreement with ERS Genomics, which holds the rights to the foundational Crispr intellectual property from Emmanuelle Charpentier, one of the Crispr pioneers.

A trust is created by a settlor, who transfers title to some or all of his or her property to a trustee, who then holds title to that property in IN WATCHING the flow of events over the past decade or so, it is hard to avoid the feeling that something very fundamental has happened in world

Because if parents really want to know if their local school is helping kids learn — instead of empty reassurance that their artificially inflated test scores means they moved to the right school district and their property values will hold — then they need to start demanding one high bar for proficiency across the country.

If Land or house property is held for 36 months or less 24 months or less (w.e.f. FY 2017 - 18) then that Asset is treated as Short Term Capital Asset.

PS: In my previous post on U.S. Estate Taxes, I incorrectly mentioned that the then exemption of $ 2 million applied to U.S. property held by Canadians.

Simply buying some property and renting or holding onto it for a time, and then selling it, can be a side investment or a professional career.

«Then I multiply that annual profit by the number of years I want to hold the property.

If you can wait then hold off and get your property on the market in March or April, during the wait peak feeding frenzy.

If you plan to hold the property for 10 years, then the most you should pay, according to Chuong, is 10 times your expected annual profit, or $ 60,000.

This is then recorded in county records offices and becomes a public record as there is a legal claim or hold against your property.

Hard money loans are generally geared toward real estate investors looking to quickly purchase properties, improve them and then either sell them or refinance if they wish to hold them long term.

You need to use a special «middleman» called a Qualified Intermediary («QI») or Accommodator who is required to hold the sale proceeds for you and who then uses those proceeds to buy any replacement property that you want.

«You can hear them talking about putting up a certain amount of money each, say $ 20,000, and the talk ultimately turns to how they're just going to hold on to the property for a few months tops, flip it for $ 200,000 more than they bought it for, and then all get rich,» says Simpson, a tax accountant in Toronto.

Gifts: If you receive a gift of property and your cost basis in the gift is figured by using the donor's basis (such as in the gift of appreciated stock), then your holding period includes the donor's holding period.

Generally speaking, if you plan on holding the property for a long time and have no plan to pay down or payoff the mortgage then «No - Closing Cost» loans are a bad option.

While you'd think a bank would be eager to unload a repossessed residence, response times between the bank and other involved parties can be sluggish with REO properties too.The amount of time that it takes to get a response on your bid can vary widely; if the bank that holds your property is swamped with foreclosures, then it can take a great deal longer for the bank to process your request.

The borrower then sells the property to another real estate investor who wants to hold it for the long term.

Since then, he has climbed the ranks, holding various positions with the Hyatt Regency Orlando, Grand Hyatt Washington, Hyatt Regency Washington, and Hyatt Regency Grand Cypress, a Five Diamond property.

The state government under then - governor Beverly Perdue (D) was «helping» by preparing a website that showed all property that would be under water by the year 2100, deep - sixing the equity held in many beach houses.

If someone is injured due to criminal activity, then the property owner can be held accountable.

If dangerous conditions are found on the place of the accident, then property owners will be held accountable.

Joint living trust: A cancelable arrangement created by a married couple («Grantors»), whereby the Grantors transfer property to a trustee to be held for the benefit of the Grantors while alive, then distributed to named beneficiaries.

Revocable Trust: A cancelable arrangement created by a person («Grantor»), whereby the Grantor transfers property to a trustee to be held for the benefit of the Grantor while alive, then distributed to named beneficiaries.

However, if more serious injuries result from the negligence of another, then the property owner, or negligent party, may be held liable.

If your injury was directly caused by lack of security or lighting, or you slipped and fell on a wet floor, then the property owner may be held accountable for any injuries that you sustain.

The court held that when the husband deposited inherited funds into a marital bank account and then used the bank account for marital purposes, the separate funds transmuted into marital property.

When they fail to do so, then the landowner or property manager may be held legally liable for the visitor's injuries.

If a property owner knows a lock is broken, fails to fix it, and then their tenant is raped or killed, the property owner should be held responsible.

For example, instead of paying your property taxes and insurance out - of - pocket every month, your escrow account collects and then «holds» your money to pay these bills on your behalf.

The culprit and their car insurance company is then held responsible for all medical bills and property damages for both parties.

So if someone is injured on your property but it is not your fault, then you may not be held liable and your policy will not be charged.

If you are held accountable for the accident and only have basic coverage, which includes bodily injury liability and property damage liability, then you will have to pay for any expenses to yourself out of your own pocket.

If your landlord is responsible for the upkeep or your condominium or property, then they may be held responsible for accidents that occur on sidewalks and anywhere outside of the property.

The railroad wanted a town along its newly straightened track, so it bought property, held a lottery and then moved 67 settlers — houses and all — to the new site over the course of one summer.

If someone is injured on your property then you may be held liable to pay for his or her medical care.

The deal, then, gave Google a chance to counter-attack or at least hold its ground thanks to Motorola's intellectual property, which reportedly amounted to 17,000 issued patents and 7,500 applications.

It is not surprising then that the RBA also found that higher income households were more likely not only to own their own property but also to hold debt against their properties, since they are better placed to service that debt.

We're buying properties in the Nashville TN area, which we're local to... and we buy Nashville houses... then we either hold them as rentals for ourselves... or we'll repair / remodel the house if it needs it and sell it to someone who loves the house.

This means you can hold a few rental properties, then diversify your portfolio with commercial properties and in different regions through crowdfunding.

If the defect is proved to have existed prior to selling the property but the seller didn't know about it (perhaps the defect didn't appear while the seller owned the property), then the seller can't be held liable, even innocently.

Then I list the property (at a steep investors discount) to get it sold before holding costs start to take a noticeable bite out of the bottom line.