The buyer saw the large vacant space as an opportunity to open a new location while at the same time acquiring an income-producing property
with an eclectic mix of long-term tenants.
It's a good income-producing property
and will do well for the bank."
A simple formula can provide insight into what price you should pay for an income-producing property
Under this doctrine, when a lump-sum payment is received in exchange for payments that would otherwise be received at a future time as ordinary income, capital gain treatment of the lump sum is inappropriate, because the consideration was paid for the right to receive future income, not for an increase in the value of income-producing property
Supreme Court denied a deduction for attorney fees to maintain control over income-producing property
a spouse demanded in a divorce.
Thus, even for an under-14 child, the tax system encourages parents to transfer income-producing property
, because the first $600 isn't taxed.
Trade Up 1031 sepcializes in like-kind exchanges, whereby investors reinvest their gains from a real sale into a professionally managed, income-producing property
while deferring capital gains tax.
Normally, taxpayers can fully deduct casualty losses on business property or income-producing property
(e.g., a rental property) on their personal return, but not those on personal-use property (e.g., a house, car or boat).
Giving or selling income-producing property
to children provides opportunities for family tax savings, but only if the transactions can withstand Internal Revenue Service scrutiny.
Borrowers wishing to take advantage of this program should be prepared to invest a larger down payment, or have a larger equity position in the project, and/or have income-producing property
Thus, the court concluded that, in Vermont, a "contingent fee agreement operates more like an assignment of income-producing property
than an assignment of future income from property."