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31 Jul 2017, 11:18 am
However, Internal Revenue Code Section 1031 provides an exception to this rule and allows a seller of investment property (referred to here as the “Relinquished Property”) to re-invest his proceeds into another investment property (referred to here as the “Replacement Property”) as part of a qualifying “like-kind” Exchange. [read post]
31 Jul 2017, 11:18 am
However, Internal Revenue Code Section 1031 provides an exception to this rule and allows a seller of investment property (referred to here as the “Relinquished Property”) to re-invest his proceeds into another investment property (referred to here as the “Replacement Property”) as part of a qualifying “like-kind” Exchange. [read post]
26 Mar 2013, 7:35 am
If allowed to continue, projections suggest that the abuses will have cost the state more than $73 million in revenue by 2016. [read post]
17 Mar 2014, 12:42 pm
§ 465 and holds it in trust for the use of a tribe, permanent improvements on that land are exempt from state and local property taxation. [read post]
19 Nov 2007, 10:01 pm
Justice Cohen, quoting from a Saskatchewan case, Re Smith Estate, 2003 SKQB 361, set out the order in which types of gifts abate as follows:First, residuary personalty;Second, residuary real property;Third, general legacies, which include pecuniary bequests from the residue;Fourth, demonstrative legacies, that is bequests from the proceeds of a specific asset or fund not forming part of the residue; [See Re Culbertson (1967), 62 D.L.R. (2d) 134 (Sask. [read post]
4 Feb 2008, 11:59 am
The court in In re Warren, ___ B.R. ___, 2007 WL 2916563 (Bkrtcy.D.Mont. [read post]
1 Nov 2021, 1:22 pm
If you are a taxpayer experiencing a tax levy, just because your property has been sized doesn’t mean that you’re out of options; you may still redeem your seized property. [read post]
26 Jan 2007, 4:06 pm
They're supposed to be based on home values, and assessors often do a lousy job of figuring out what homes are really worth. [read post]
14 Aug 2018, 1:00 pm
They’re focusing on the repercussions for a segment of the population not usually considered in the equation of tenant loss, property devaluation and declining tax revenue. [read post]
26 Oct 2011, 9:00 pm
If it feels like you're paying more in property taxes, it's probably because you are. [read post]
29 Nov 2006, 6:13 am
But since it's not funded by the state, Cook County has to make up the revenue loss by hiking property tax rates on what's left of the tax base. [read post]
15 Apr 2019, 10:17 am
They’re also relatively transparent: you can see how much you’re paying in taxes just by looking at your receipts. [read post]
4 Apr 2011, 7:47 am
They're pointing to a bunch of goofball fees to pay the $45 million plus interest, but it appears that in the end, Portland property taxpayers will be on the hook: The city bonds are to be repaid from a variety of non-property tax sources. [read post]
23 Mar 2010, 7:49 pm
Illinois Department of Revenue (Provena). [read post]
3 Apr 2007, 8:46 am
The tax question of the day in Indiana is how the state should reduce local property taxes-- and how it should make up the revenue loss. [read post]
15 Feb 2012, 11:47 am
” Among practice groups, intellectual property had a banner year in 2011, he said. [read post]
1 Mar 2012, 12:21 pm
The rising levels and litany of taxes and surcharges drive customers to renegotiate rates and re-procure services. [read post]
11 Oct 2013, 2:25 pm
Of note, when a "change in ownership" occurs, the subject real property is re-assessed. [read post]
27 Jan 2022, 8:00 am
No matter which side you’re on, chances are you have heard of the term “non-exempt property. [read post]
5 Jun 2019, 5:01 am
They’re stuck. [read post]
