Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Imputed rent


Related Topics

  
  Spartanburg SC | GoUpstate.com | Spartanburg Herald-Journal   (Site not responding. Last check: 2007-11-07)
Imputed rent is the economic theory of imputation applied to real estate.
the imputed rents disappear from measures of national income and output, unless figures are added to take them into account.
Sometimes governments have attempted to tax the imputed rent (Schedule A of the U.K. income tax used to do this), but this tends to be unpopular.
www.goupstate.com /apps/pbcs.dll/section?category=NEWS&template=wiki&text=imputed_rent   (194 words)

  
  EPA: Federal Register: Changes to Admission and Occupancy Requirements in the Public Housing and Section 8 Housing ...
The market rent is the rent charged for comparable units in the private, unassisted rental market at which the PHA could lease the public housing unit after preparation for occupancy.
Imputed Welfare Income The term ``imputed welfare income'' is defined in this rule, ``imputed welfare income'' means the amount of annual income not actually received by a family, as a result of a specified welfare benefit reduction, that is nonetheless included in the family's annual income.
The implementation of the statutory imputed rent requirement (i.e., the prohibition of a decrease in rent paid by the family because of the welfare sanction), as well as other efforts to promote economic independence of assisted families, requires close cooperation between the PHA and local welfare agencies.
www.epa.gov /fedrgstr/EPA-IMPACT/2000/March/Day-29/i6898.htm   (17640 words)

  
 Taxing houses and economic stupidity
Now imputed rent means what any homeowner would have had to pay for his property if he had rented it instead of buying it.
Put another way, imputed rent is considered a form of forgone income; it is the income or rent that the homeowner forgoes by not renting out his property.
If the imputed rent is calculated, for instance, at $10,000 pa then this would be added to his normal income and taxed at the marginal rate, regardless of the fact that the property is already taxed by local authorities.
www.brookesnews.com /061707housing.html   (625 words)

  
 OF BULLETIN 00GC2.02   (Site not responding. Last check: 2007-11-07)
Identify the total cost of imputed rents on land, structures, equipment and other capital resources used in producing the good or service being sold.
The annual rate of return on the imputed rent would be $630 ($10,000 multiplied by the applicable long term Treasury bond rate of 6.3%).
When service is provided for less than one year, the annual amount of imputed rent should be prorated appropriately based upon the number of months of the established contract.
www.va.gov /publ/direc/finance/00GC2_02Bul.htm   (527 words)

  
 [No title]   (Site not responding. Last check: 2007-11-07)
However, even if this extra levy is not imposed, the flat tax would be broader in its treatment of housing than the present income tax, which does not tax any of the imputed rent on owner-occupied housing.
Imputed rent is the rental value of living in one's own home.
It is equivalent to the rent one would pay to live in a comparable house that one does not own, or the rent one forgoes by not renting out one's home.
www.ucop.edu /cprc/auerbach.html   (3760 words)

  
 [No title]   (Site not responding. Last check: 2007-11-07)
Imputed rent for owner-occupied and rent-free houses was calculated by applying the rent tariff applicable at that time.
If the household occupied an official (company) house with rent less than the market value of rent, the amount of rent difference was taken as imputed income and the market value of the rent as expenditures.
Rent quotations are obtained in March and September each year from 16 types of dwellings, according to the condition of the building and its facilities.
laborsta.ilo.org /applv8/data/ssm1/e/id.html   (560 words)

  
 Residential Rent Adjustment   (Site not responding. Last check: 2007-11-07)
The banked Rent decrease may be restored in whole or in part to the Tenant’s Rent on a future anniversary date for the Tenant, Such restoration must be noticed as a Rent increase and is subject to the phase-in limitation on Rent increases set out in Reg.
The total Rent increase, including the portion of the increase that was banked, is subject to the ceiling on annual Rent increases and may not exceed 15 percent of the Tenants’ current Rent.
The imputed interest rate shall be based on most recent month rate as of the date the rent increase was noticed (rounded to the nearest one tenth of one percent) as posted by the Federal Reserve on their Federal Reserve Statistical Release Internet site for ten year Treasury Securities.
www.oaklandnet.com /government/Announcements/draft.html   (14738 words)

  
 [No title]
Imputed rent - net value of the services rendered by a house to its owner which he otherwise would have had to pay a landlord.
Imputed wages - value of services rendered for oneself, such as mowing the lawn, housework, subsistence farming.
Taxing imputed income would broaden the tax base, but might not be able to be assessed properly.
people.qualcomm.com /rmartin/taxbriefs.doc   (18848 words)

  
 WealthandWant theme: Rent
Thus, as material progress tends to increase rent, were rent taken by the community for common purposes the very cause which now tends to produce inequality as material progress goes on would then tend to produce greater and greater equality.
Rent is the return to land, wages are the return to labour, and interest is the return to capital.
The rent will not be passed on to the tenant, since the payment of the rent to a community does not change the supply or demand for land.
www.wealthandwant.com /themes/Rent.html   (15743 words)

  
 Re: "rent is not a significant share of GDP"   (Site not responding. Last check: 2007-11-07)
For example, it is OK when demonstrating logical problems with neoclassical economics when those problems are independent of the existence or non-existence of rent.
Thus, when Edward Denison tried to estimate how much pure Ricardian rent there was in today's America, he came up with only a few percent of the official gross or net national product.
I have shown that the use of such land, and which lands are rent-free, depends on the distribution of the distribution of income, net of rent, between wages and profits.) J.
www.talkaboutinvestments.com /group/sci.econ/messages/237516.html   (720 words)

  
 The tax benefits of owning your home, Housing, The Netherlands, Holland, Expatica
This taxable income is known as the imputed rent.
The imputed rent is a percentage (a maximum of 0.8 percent) of the true value of the dwelling determined by the municipal authority.
A house that is classified as a monument, is taxed on the imputed rental income of a maximum 0.8 percent of the true value of the monument, while the mortgage interest and other finance costs are deductible.
www.expatica.com /actual/article.asp?subchannel_id=4&story_id=627   (1017 words)

  
 San Francisco Rent Board: March 06, 2001
Any allowance of interest, whether imputed or real, in favor of a landlord pursuant to this section shall be limited to no more than ten (10) percent and shall be amortized over a period equal to the amortization period of the improvement, subject to the limitations contained in Section 7.12(d).
In addition, the landlord has the burden to show that the actual rate of interest for which an allowance is sought is reasonable under the circumstances.
Subject to the ten (10) percent limitation contained in the first paragraph of this rule, the published rates shall constitute the rates of imputed interest to be allowed on petitions filed on or after March 1 through February 28 (or February 29, as the case may be) of the following year.
www.ci.sf.ca.us /site/rentboard_page.asp?id=5440   (479 words)

  
 5216.0 - Australian National Accounts: Concepts, Sources and Methods, 2000
14.43 Estimates of total dwelling rent (imputed rent of owner-occupiers plus other dwelling rent) for intercensal and post-census periods are obtained by multiplying an estimate of the stock of dwellings by an estimate of the average rent of rented dwellings.
Separate estimates of the imputed rent of owner-occupiers and other dwelling rent are only produced annually.
Quarterly estimates of capital stock are derived by interpolating and extrapolating the annual estimates using quarterly volume estimates of private gross fixed capital formation on dwellings and quarterly volume estimates of consumption of fixed capital derived from either the corresponding annual estimates (for interpolations) or the most recent annual estimates (for extrapolations).
www.abs.gov.au /AUSSTATS/abs@.nsf/66f306f503e529a5ca25697e0017661f/D923926862236190CA2569A400061630?opendocument   (1121 words)

  
 08_d2.htm
10812 [V812 is IMPUTED; V813 in not] 813 ____________________________________________________________ [NOTE: The following has been recoded from state-level data to Census Region and Division data for reasons of confidentiality.] Northeast Region 01.
[IMPUTED] 10817 ____________________________________________________________ [NOTE: The following has been recoded from state-level data to Census Region and Division data for reasons of confidentiality.] Northeast Region 01.
[IMPUTED] 10818 ____________________________________________________________ [NOTE: If property was a gift/inheritance, code when received by R.] Code YEAR (1910-1993) 0000.
hrsonline.isr.umich.edu /meta/1992/core/codebook/08_d2.htm   (2292 words)

  
 Economic valuation of water resources in agriculture
The hedonic property valuation method is used to determine how imputed household rental values in a large rural area of the Philippines reflect households’ WTP for different types of water supply service (private connection in the house, or a tap in the yard).
Monthly rent was imputed as one percent of the reported value of the dwelling.
Households in all income ranges are willing to pay about half of their monthly imputed rent to have piped water in the house supplied by a public system, with a WTP in 1978 for the higher income households of US$1.95 per month, US$2.25 for middle-income households, and US$1.41 for low-income households.
www.fao.org /docrep/007/y5582e/y5582e0b.htm   (5994 words)

  
 KnowledgePlex: On the Equity Effects of Taxing Imputed Rent: Evidence from Australia, 1994
Taxation of net imputed rent from owner-occupied housing (and mortgage interest deductibility) has been advocated in Australia on grounds of both efficiency and equity.
Nevertheless, imputed rent taxation has been criticized on the empirical grounds that its direct burden would fall more heavily on low-income households than high-income households.
Moreover, for married couples aged 25 to 54, the taxation of imputed rental income would be not only progressive, but more progressive than the taxation of other household income.
www.knowledgeplex.org /showdoc.html?id=2505&p=1   (175 words)

  
 Is There a Housing Bubble?   (Site not responding. Last check: 2007-11-07)
Many of the 32 percent who rent are younger households, or potential owners watching housing markets closely to judge whether it is an opportune time to buy, or looking with concern at presumably high prices.
A correct calculation compares the value of living in that owner-occupied property (the imputed rent) with what it would have cost to rent an equivalent property and with the lost income that one would have received if the owner had invested the capital put into the house in an alternative investment.
The ratios of imputed rent-to-actual rent or imputed rent-to-income are then compared to their 25-year average for each city.
www.nber.org /digest/apr06/w11643.html   (862 words)

  
 Low-Income Housing Tax Credit - Wikipedia, the free encyclopedia
The imputed income an owner receives from an investment in owner-occupied housing has always escaped taxation, but TRA86 changed the treatment of imputed rent, local property taxes, and mortgage interest payments to favor home-ownership, while phasing out many investment incentives for rental housing.
At least 20 % or more of the residential units in the development are both rent restricted and occupied by individuals whose income is 50 % or less of the area median gross income.
At least 40 % or more of the residential units in the development are both rent restricted and occupied by individuals whose income is 60 % or less of the area median gross income.
en.wikipedia.org /wiki/Low-Income_Housing_Tax_Credit   (1091 words)

  
 Edward J. Dodson / Land and Markets
Global statistics give a mixed picture; however, the most powerful examples in support of George are found in countries where population growth has not been matched by the adoption of participatory government, widespread education and medical care or some degree of equity in taxation.
The developer does not really care whether the fertility of the soil is degraded; moreover, the difference between the rent collected and full potential rent (for agricultural use) is inconsequential.
In the short run the tenant farmer is benefiting from low land costs, receiving imputed rent as part of the total revenue generated by the sale of production.
www.cooperativeindividualism.org /dodson_land_and_markets.html   (813 words)

  
 18   (Site not responding. Last check: 2007-11-07)
He is not able to receive these rewards (rent for his building, interest on his money and salary for his services) because he has contributed them for his own business.
But still rent will have to be paid for that period, wage permanent employees of the factory will have to be paid.
Examples of fixed costs are rent on fac building, interest on money borrowed, property taxes and salaries of permanent empio like manager, watchman etc. All these costs remain the same whether the output is sma large or zero.
www.nos.org /eco12/es4h18.1.htm   (3372 words)

  
 Money matters: Changing banks not for fainthearted - 24 Feb 2001 - Banking news - NZ Herald   (Site not responding. Last check: 2007-11-07)
The supplement is payable to lower-income people whose rent, board or mortgage payments are high relative to their income.
She then tells you how much you might be able to get in fortnightly payments, and asks if you want to be sent the forms.
Perhaps we would be better to go with economist Gareth Morgan's suggestion, to tax just the imputed rent on land and not buildings.
www.nzherald.co.nz /topic/print.cfm?c_id=126&objectid=173555   (1889 words)

  
 Owner-occupier - Definition from Investor Dictionary - Define meaning of the word Owner-occupier
The amount that would have changed hands had the owner and occupier been different persons is called the imputed rent.
the imputed rents disappear from measures of national income and output, unless figures are added to take them into account.
Sometimes governments have attempted to tax the imputed rent (Schedule A of the U.K. income tax used to do this), but this tends to be unpopular because most people do not understand the concept of imputed rent.
www.investordictionary.com /definition/owner-occupier.aspx   (456 words)

  
 ESRI,Discussion Paper No.141 Estimating Imputed Rent for Owner-occupied Dwellings in the Japanese System of National ...
This paper analyses possible causes of large discrepancies among official data for imputed rent for owner-occupied dwellings in Japan, those including National Accounts, Regional Accounts, Input-output Table, and National Survey on Family Income Expenditure.
Large discrepancies among official data for imputed rent for owner-occupied dwellings in Japan are expected to narrow significantly if these proposals are adopted by statistical agencies.
The final goal is that one single estimate of imputed rent for owner-occupied dwellings which utilize best available information provide the common benchmark for all other statistics.
www.esri.go.jp /en/archive/e_dis/abstract/e_dis141-e.html   (197 words)

  
 Safe Haven | Smoothing Out Inflation
If you look at a graph of owners' equivalent rent you find that the volatility is much less and the moves take a longer time.
If you put these charts together, it almost looks like the imputed rent is an average mean of the actual costs.
Such does not portend for a rise in rents, so we are left with the thought that housing prices must at least stop growing, if not fall somewhat.
www.safehaven.com /article-3944.htm   (3333 words)

  
 RRK R2IHome
Yet, many of us, house owners ignore the imputed rental income and look only at the capital appreciation part.
Say your house is worth $500K, at 8% dividend, the imputed rent is $40K per annum.
Then enlighten him that he just upgraded his imputed rent from $2600 to $3333.
members.tripod.com /rrkind/5/invest-in-house-2.htm   (978 words)

  
 MyDD :: Serious Problems With Inflation Index Understate Inflation
This is based on an economic theory that says that homeowners are essentially leasing the houses from themselves and paying implied rent for that service.
For example, rents in the New York City area rose by just 1.9 percent over the last year.
Because of overbuilding, rents are not escalating nearly as much as the actual price of the underlying property.
afs.mydd.com /story/2005/10/17/174746/41   (1157 words)

  
 SARPN - South Africa
Employer contributions to funds can run as high as 25% for salaried professionals and managers, but are, on average, lower for less skilled formal sector workers and are nothing at all in the case of the selfemployed or workers in the informal sector.
The imputed incomes were distributed according to the reported incomes of people of pensionable age in the same population group, with the same gender and education.
The imputed incomes were distributed according to the reported incomes of people in the population group, with the same gender and in the same age group and educational group.
www.sarpn.org.za /documents/d0001062/index.php   (3114 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.