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A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...
In Philadelphia Park Amusement Co. v. United States, 126 F. Supp. 184 (Ct. Cl. 1954), the United States Court of Claims ruled that the cost basis of property received in a taxable exchange is the fair market value of the property received. [1]
Values are determined by local officials, and may be disputed by property owners. For the taxing authority, one advantage of the property tax over the sales tax or income tax is that the revenue always equals the tax levy, unlike the other types of taxes. The property tax typically produces the required revenue for municipalities' tax levies.
Tent fumigation of a house in the United States . Fumigation is the treatment of a structure to kill pests such as wood-boring beetles by sealing it or surrounding it with an airtight cover such as a tent, and fogging with liquid insecticide for an extended period, typically of 24–72 hours. This is costly and inconvenient as the structure ...
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Fumigation is a hazardous operation. Generally it is a legal requirement that the operator who carries out the fumigation operation holds official certification to perform the fumigation, as the chemicals used are toxic to most forms of life, including humans. [1] Post operation ventilation of the area is a critical safety aspect of fumigation.
An early record was achieved in the 1880s for the sale of the Philadelphia Post Office building for $425,000, then a record for a piece of real estate at auction. [5] Through the 1990s, Freeman's was driven by high volume. The house would sell 50,000 lots a year, at an average of $110 per lot, and make $5.5 million.
East Oak Lane is a neighborhood at the northern end of the North Philadelphia planning district of Philadelphia, Pennsylvania, United States. Many of the houses in the neighborhood are large single homes or twins built at a later period than much of central North Philadelphia. There is also a significant number of typical Philadelphia rowhouses.