Assertion: recapture | /r/HasProperty | due
Facets:
value: at the time of refinancing
type: TEMPORAL
value: at that time
type: TEMPORAL
Source sentences:
text: No recapture tax is due if you:
text: Whether recapture tax is due, borrowers must file IRS Form 8828 with their federal income tax returns for the year in which their home is sold.
text: If recapture is due, it is paid to the IRS as part of the homeowner’s federal income tax liability for the year the home is sold.
text: If the home is destroyed and borrower rebuilds on the same site within two years after the year in which the insurance proceeds are received, no recapture is due at that time.
text: No recapture tax is due at the time of refinancing.
text: Depreciation recapture is due when the sale price of the rental property is higher than the property’s adjusted cost basis.
text: Whether or not recapture tax is due, borrowers must file IRS Form 8828 with their federal income tax returns for the year in which their home is sold.
text: Recapture tax is due when a home is disposed of (sold) due to the death of the homeowner.
text: In situations where deferral of recapture is an option, recapture will be discounted if paid in full at the time of settlement or timely paid after Agency notification to the borrower that recapture is due.
text: If a recapture is due, it is part of the homeowner’s Federal Income Tax liability for the year the home is sold.