This page or section lists people with the surname Sinclair. If an internal link intending to refer to a specific person led you to this page, you may wish to change that link by adding the person's given name (s) to the link. Sister Margaret Sinclair, Scottish nun and former factory worker, declared 'venerable' by Pope Paul VI in 1978. 2  Margaret Sinclair (later Margaret Trudeau), former wife of the late Pierre Trudeau, the 15th Prime Minister of Canada.
(February 2015). The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. In the insurance industry, replacement cost or replacement cost value is one of several method of determining the value of an insured item. Replacement cost is the actual cost to replace an item or structure at its pre-loss condition. This may not be the market value of the item, and is typically distinguished from the actual cash value payment which includes a deduction for depreciation.
Under the substituted basis rules of Section 1031, you figure the basis of your Replacement Property to be $2,300,000 with $1,100,000 allocated to the basis of the existing buildings. Your cost of demolition is $200,000.our Title/Escrow/Mortgage/Closing company can help you figure out your 1031 Exchange closing costs. Be sure to choose a Qualified Intermediary with competitive rates and secure funding. Check out our 1031 Exchange Fee Schedule for more information.