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28 Jan 2021, 1:23 pm
Rul. 2021-2) – as noted above, loan forgiveness will count as public support and total support (contributions from a governmental unit)EAA reverses Notice 2020-32 to permit deduction of expenses paid for by PPP funds (effectively providing a double tax benefit to the taxpayer, though EOs may not be impacted)The post Highlights from the ABA Exempt Organizations Committee Meeting 1/28/21 appeared first on Nonprofit Law Blog. [read post]
20 Jan 2021, 12:03 pm
” The SBA additionally reasons that authorized uses of PPP Loans (e.g., for rent, mortgage interest, utilities, operations expenditures, property damage costs, worker protection expenditures, etc.) are generally incurred at the partnership level, so it is “most natural to provide the funds for these expenses to the partnership, not individual partners. [read post]
20 Jan 2021, 10:59 am
” The SBA additionally reasons that authorized uses of PPP Loans (e.g., for rent, mortgage interest, utilities, operations expenditures, property damage costs, worker protection expenditures, etc.) are generally incurred at the partnership level, so it is “most natural to provide the funds for these expenses to the partnership, not individual partners. [read post]
12 Jan 2021, 10:10 pm
Instead, real estate property is usually distributed subject to the mortgage. 2. [read post]
15 Dec 2020, 10:22 am
See MB Plaza, LLC v. [read post]
15 Dec 2020, 10:22 am
See MB Plaza, LLC v. [read post]
15 Dec 2020, 10:22 am
See MB Plaza, LLC v. [read post]
12 Nov 2020, 4:52 pm
The husband paid off the mortgage on the Aldergrove property with community funds. [read post]
6 Oct 2020, 10:32 am
The Fifth Circuit Court of Appeals reversed. [read post]
28 Sep 2020, 1:51 am
At the oral argument of the respondent’s dismissal motion, the respondent’s attorney stated that he did not know if any of the LLC bank accounts had any remaining funds. [read post]
9 Sep 2020, 10:30 am
(Sovereign) and Prime Choice Funding, Inc. [read post]
9 Sep 2020, 6:16 am
NATIONAL MEDICAL IMAGING, LLC, et al., Appellants, v. [read post]
3 Jul 2020, 6:43 am
Moratorium for mortgages and loans In addition to a moratorium on first-home mortgages, there is a moratorium applicable to credit granted to small and medium-sized enterprises (“SME“) until December 2020. [read post]
8 May 2020, 6:48 am
LLC. [read post]
30 Jan 2020, 4:13 am
., (Consumer) in the fall of 2010 about obtaining a reverse mortgage, but, upon learning how a reverse mortgage worked, decided he did not wish to obtain such a mortgage. [read post]
2 Oct 2019, 10:21 am
Asarco LLC, 135 S. [read post]
1 Oct 2019, 6:21 am
We affirm in part, reverse in part, vacate in part, and remand. [read post]
29 Nov 2018, 11:58 am
For the reasons that follow, we reverse and remand.FACTUAL BACKGROUNDThe Debtor attended St. [read post]
25 Oct 2018, 10:00 am
Reverse mortgages are still expensive and with a home equity line of credit, you must make monthly payments. [read post]
18 Oct 2018, 12:22 pm
Funding Trust 2007-AR2 v EMC Mtge., LLC, the Delaware Chancery Court had held that a trial was required to determine whether a materially-identical MLS Rep guaranteed “underlying truthfulness,” as opposed to “accurate transcription. [read post]
