losses of property

losses of property
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  • Property Inventory — A written tally of all of a taxpayer s personal property. This inventory will also denote how much was paid for each item and when, along with each item s current market value. Property inventories are generally used by taxpayers to calculate… …   Investment dictionary

  • Property crime — is a category of crime that includes, among other crimes, burglary, larceny, theft, motor vehicle theft, arson, shoplifting, and vandalism. Property crime only involves the taking of money or property, and does not involve force or threat of… …   Wikipedia

  • property loan — ➔ loan1 * * * property loan UK US noun [C] (US ALSO real estate loan) PROPERTY, FINANCE ► a loan used to buy land or buildings: »The bank faces big losses from bad property loans. → Compare …   Financial and business terms

  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

  • property inventory — A list of personal property with corresponding values and initial costs often used to substantiate insurance claim and tax losses. Bloomberg Financial Dictionary …   Financial and business terms

  • deductible losses — Losses resulting when a taxpayer s property is destroyed, damaged, confiscated, stolen, abandoned, taken by foreclosure, becomes entirely worthless or suffers other special losses, which a taxpayer is permitted to deduct in computing his net… …   Ballentine's law dictionary

  • 1231 property — refers to the tax treatment of certain types of property under [http://www.law.cornell.edu/uscode/uscode26/usc sec 26 00001231 000 .html 26 USCA § 1231] of the Internal Revenue Code for the United States of America. The types of 1231 property… …   Wikipedia

  • Rebellion Losses Bill — The Rebellion Losses Bill (full name: An Act to provide for the Indemnification of Parties in Lower Canada whose Property was destroyed during the Rebellion in the years 1837 and 1838[1]) was a controversial law enacted by the legislature of the… …   Wikipedia

  • Loss on sale of residential property — Section 165(c) of the United States Tax Code limits losses that taxpayers can deduct into three categories: business or trade losses, investment losses, and losses incurred from casualty or theft. A loss incurred by a taxpayer from the sale of… …   Wikipedia

  • Casualty And Theft Losses — Deductible losses stemming from the loss or destruction of the taxpayer s personal property. In order to be deductible, casualty losses must result from a sudden and unforseeable event, such as fire or earthquake. Theft losses generally require… …   Investment dictionary

  • LOST PROPERTY — (Heb. avedah u meẓi ah; lit. lost and found ). The Basis of the Law Lost property, called avedah, is property which has passed out of its owner s possession and whose whereabouts are unknown to him. Both criteria must exist together for the… …   Encyclopedia of Judaism

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