Bargain sale definition

Bargain sale means a real estate transaction in which the landowner donates part of the value of the conservation easement by accepting a purchase price less than appraised fair market value.
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Bargain sale means a sale where a taxpayer is paid less than the fair market value for land or an interest in land.
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Bargain sale means a sale where the taxpayer is paid less than the fair market value of the land or interest in land.
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Examples of Bargain sale in a sentence

  • It is important that students do not submit work as an image file.

  • After January 1, 1975, the outstanding principal indebtedness se- cured by the mortgage is acquisition indebt- edness if the building is otherwise treated as debt-financed property.(4) Bargain sale before October 9, 1969.

  • Bargain sale of property (e.g., if a house is sold to a pastor for less than market value).

  • Bargain sale: The seller sells the land for less than the appraised market value and gains a charitable IRS deduction, thus avoiding some or all of the capital-gains tax.

  • The adjusted basis for determining the gain or loss from the sale or other disposition of property is the cost or other basis prescribed in section 1012 or other applicable provisions of subtitle A of the code, adjusted to the extent provided in sections 1016, 1017, and 1018 or as otherwise specifically provided for under applicable provisions of in- ternal revenue laws.§ 1.1011–2 Bargain sale to a charitable organization.

  • Bargain sale is a voluntary transfer of some interest in real property for less than the market value of that interest.

  • Bargain sale transactions other than charitable gift annuities may be accepted by the Charity only with the prior written approval of the Vice President of Development and theExecutive Vice President.

  • Bargain sale transactions other than charitable gift annuities may be accepted by the Foundation only with the prior written approval of the President/CEO of the Foundation.

  • Bargain sale: After legal review of the transaction and the REAL Foundation’s approval of the proposed sale price, the REAL Foundation may purchase real property as part of a bargain sale.

  • Bargain sale, bait and switch selling include advertisements to supply commodities at a bargain price.


More Definitions of Bargain sale

Bargain sale means a sale where the taxpayer is paid less than the fair market value of the land
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Bargain sale usually means a tax deduction. You sell on the cheap to a charity, and what you don’t get in sales price you get in a charitable contribution deduction. That’s the theory, and often it works just fine, subject to the inevitable technical details.
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Bargain sale transaction is a means by which a charitable organization recognizes income from non-cash contributions. In a legitimate bargain sale transaction, the charitable organization acquires property at less than its fair market value and records on its books as an asset the difference between the fair market value and the acquisition price. The donor also may be entitled to a charitable contribution deduction for that difference between fair market value and the price at which he sold the property.
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Bargain sale. A sale to Green Acres, a land trust, or other qualified entity, at less than fair market value. The difference between the sale price and the appraised fair market value qualifies as a tax deductible, charitable contribution. Bequest: A gift of land or other asset through a person’s will. Charitable Donation: An outright gift or contribution, with charitable intent, whose value is deductible pursuant to federal and state income and estate/inheritance tax laws. Charitable Trust: A gift of land as the beneficiary of a living trust or charitable remainder trust. Compensation Choices: Cash, tax benefits and/or personal satisfaction in exchange for preservation of land. Conservation Choices: Real estate techniques for protecting resource lands.
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Related to Bargain sale

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.

  • Company Sale a sale, conveyance or other disposition of the Company, whether by merger, consolidation, sale of all or substantially all of the Company’s assets or sale of capital stock, including any issuance or transfer of Capital Stock of the Company to any Person.

  • Related Entity Disposition means the sale, distribution or other disposition by the Company, a Parent or a Subsidiary of all or substantially all of the interests of the Company, a Parent or a Subsidiary in any Related Entity effected by a sale, merger or consolidation or other transaction involving that Related Entity or the sale of all or substantially all of the assets of that Related Entity, other than any Related Entity Disposition to the Company, a Parent or a Subsidiary.

  • Permitted Sale Leaseback means any Sale Leaseback consummated by the Borrower or any of the Restricted Subsidiaries after the Original Closing Date, provided that any such Sale Leaseback not between (a) a Credit Party and another Credit Party or (b) a Restricted Subsidiary that is not a Credit Party to another Restricted Subsidiary that is not a Credit Party is consummated for fair value as determined at the time of consummation in good faith by (i) the Borrower or such Restricted Subsidiary and, in the case of any Sale Leaseback (or series of related Sales Leasebacks) the aggregate proceeds of which exceed $100,000,000, (ii) the board of directors of the Borrower or such Restricted Subsidiary (which such determination may take into account any retained interest or other Investment of the Borrower or such Restricted Subsidiary in connection with, and any other material economic terms of, such Sale Leaseback).

  • Asset Sale means any sale, lease, transfer, issuance or other disposition (or series of related sales, leases, transfers, issuances or dispositions) by the Company or any Restricted Subsidiary, including any disposition by means of a merger, consolidation or similar transaction (each referred to for the purposes of this definition as a "disposition"), of

  • Sale and Contribution Agreement means the Sale and Contribution Agreement dated as of the date hereof, between the Seller, as seller, and the Borrower, as buyer, as amended, restated, supplemented or otherwise modified from time to time.

  • Qualified Sale means a sale made by a qualified person through a charitable auction.

  • Involuntary Disposition means any loss of, damage to or destruction of, or any condemnation or other taking for public use of, any property of any Loan Party or any Subsidiary.

  • Qualified disposition means, subject to subparagraphs (iii) and (iv), a disposition after which both subparagraphs (i) and (ii) apply to the subject property:

  • Sale and Leaseback means, with respect to any Person, the sale of Property owned by that Person (the “Seller”) to another Person (the “Buyer”), together with the substantially concurrent leasing of such Property by the Buyer to the Seller.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Company Transaction means the consummation of

  • Permitted Sale and Leaseback Transaction has the meaning provided in Section 3.02(b).

  • Sale Leaseback means any transaction or series of related transactions pursuant to which the Borrower or any of the Restricted Subsidiaries (a) sells, transfers or otherwise disposes of any property, real or personal, whether now owned or hereafter acquired, and (b) as part of such transaction, thereafter rents or leases such property or other property that it intends to use for substantially the same purpose or purposes as the property being sold, transferred or disposed.

  • Permitted Sale-Leaseback Transaction means any Sale Lease-Back Transaction by the Company or any of its Subsidiaries, provided that (i) the proceeds of the respective Sale Lease-Back Transaction shall be entirely cash and in an amount at least equal to 95% of the aggregate amount expended by the Company or such Subsidiary in acquiring such asset (or, if not then acquired, 95% of the Fair Market Value of the Property subject to such Sale-Leaseback Transaction) and (ii) the respective transaction is otherwise effected in accordance with the applicable requirements of Section 6.10.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Stock Sale means a transaction or series of related transactions in which a Person, or a group of related Persons, acquires from stockholders of the Company shares representing more than fifty percent (50%) of the outstanding voting power of the Company.

  • Permitted Sale-Leaseback Transactions means any sale or transfer by the Company or any of its Restricted Subsidiaries of any Principal Property owned by the Company or any of its Restricted Subsidiaries with the intention of taking back a lease thereof; provided, however, that “Permitted Sale-Leaseback Transactions” shall not include any such transaction involving machinery and/or equipment (excluding any lease for a temporary period of not more than thirty-six months with the intent that the use of the subject machinery and/or equipment will be discontinued at or before the expiration of such period) relating to facilities (a) in full operation for more than 180 days as of the date of this Supplemental Indenture and (b) that are material to the business of the Company and its Subsidiaries, taken as a whole, to the extent that the aggregate Attributable Value of the machinery and/or equipment from time to time involved in such transactions (giving effect to payment in full under any such transaction and excluding the Applied Amounts, as defined in the following sentence), plus the amount of obligations and Indebtedness from time to time secured by Liens incurred under Section 6.1(18), exceeds the greater of (i) $1,000 million and (ii) 15.0% of Net Worth as determined at the time of, and immediately after giving effect to, the incurrence of such transactions based on the balance sheet for the end of the most recent quarter for which financial statements are available (such greater amount, the “Applicable Threshold”). For purposes of this definition, “Applied Amounts” means an amount (which may be conclusively determined by the Board of Directors of the Company) equal to the greater of (i) capitalized rent with respect to the applicable machinery and/or equipment and (ii) the fair value of the applicable machinery and/or equipment, that is applied within 180 days of the applicable transaction or transactions to repayment of the Notes or to the repayment of any indebtedness for borrowed money which, in accordance with GAAP, is classified as long-term debt and that is on parity with the Notes.

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Equity Transaction means, with respect to any member of the Consolidated Parties, any issuance or sale of shares of its Capital Stock, other than an issuance (a) to a Consolidated Party, (b) in connection with a conversion of debt securities to equity, (c) in connection with the exercise by a present or former employee, officer or director under a stock incentive plan, stock option plan or other equity‑based compensation plan or arrangement, or (d) in connection with any acquisition permitted hereunder.

  • Real estate transaction or "transaction" means an actual or prospective transaction involving a purchase, sale, option, or exchange of any interest in real property or a business opportunity, or a lease or rental of real property. For purposes of this chapter, a prospective transaction does not exist until a written offer has been signed by at least one of the parties.

  • Specified Disposition means any disposition of all or substantially all of the assets or Capital Stock of any Subsidiary of the Borrower or any division, business unit, product line or line of business.

  • Material Transaction means any material transaction in which the Company or any of its subsidiaries proposes to engage or is engaged, including a purchase or sale of assets or securities, financing, merger, consolidation, tender offer or any other transaction that would require disclosure pursuant to the Exchange Act, and with respect to which the Board of Directors of the Company reasonably has determined in good faith that compliance with this Agreement may reasonably be expected to either materially interfere with the Company's or such subsidiary's ability to consummate such transaction in a timely fashion or require the Company to disclose material, non-public information prior to such time as it would otherwise be required to be disclosed.

  • Permitted Disposition means any of the following:

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.