Examples of Business Property in a sentence
We will not sell or dispose of any salvage without giving you the opportunity to buy it at its salvage value, provided that this condition does not allow you to abandon the property to us.Property Damage IntroductionThis cover section only forms part of your policy when Business Property is shown in the schedule and is limited to the period of insurance indicated.This section of the policy covers physical loss of or damage to your property insured during the period of insurance.
If this report is prepared prior to January 1, any change in real property between the date the report is prepared and January 1 must be reported to the Assessor on a supplemental report.All personal property, excluding stockpiles, owned by the respondent and any property belonging to others at this location as of January 1 must be reported to the Assessor on a Business Property Statement form.A separate production report must be filed for each location and/or operation.
Note: Equipment, materials and supplies must be reported on a Business Property Statement form.
Various IRS instructions need to provide additional guidance to taxpayers participating in like-kind exchangesThe instructions for Sales of Business Property (Form 4797) and Capital Gains and Losses (Schedule D) for the U.S. Individual Income Tax Return (Form 1040) specifically inform taxpayers they need to use Form 8824 to report like-kind exchanges.