* Crescent Cove Apartments Phase II, Evans, CO--48-unit complex received $2,282,200 Fannie Mae DUS[R] Standard 8.75 year Loan amortized
on a 30-year schedule.
(4) Where amortization is determined with respect to one of alternative call dates, if in fact the bond is not called on that date, the premium must be amortized
to a succeeding date or to maturity.
* There is no arbitrary ceiling on the useful life of an amortized
The first two components- amortized
cost interest and the difference between fair value interest and amortized
cost interest--sum to fair value interest.
Goodwill is amortized
under a rebuttable presumption that it has a useful economic life of 20 years or less.
The loan is for seven years, amortized
over 30 years with a fixed interested rate of 5.25%.
For a variable-rate debt instrument based on the same interest index for the debt's entire term, the debt issuance costs are amortized
by treating them as adjusting the yield, which is deter mined based on the index's initial value; see Regs.
The goodwill is amortized
over 10 years for tax purposes and there is no book amortization under FAS 142.
Initially, Frontier treated the covenant as a section 197 asset and amortized
it over 15 years.
Statement 142 on Goodwill and Intangible Assets requires that goodwill no longer be amortized
, but instead be subject to impairment testing at least annually.
This simple, practical technique can be referred to as Amortized
Residual Value (ARV).
The revenue procedure makes available a "pool of costs" method, allowing all package design costs to be accumulated in a single pool and amortized
over 48 months.