Term
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Definition
cost plus improvements, minus depreciation
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Term
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Definition
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Term
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Definition
initial cost of real estate
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Term
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Definition
document transferring ownership of personal property
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Term
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Definition
extra money received by one party in an exchange
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Term
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Definition
law regulating sale and financing of business personal property
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Term
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Definition
profit on the sale of an asset
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Term
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Definition
money left from rental income after expenses are paid
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Term
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Definition
yearly bookkeeping charge for part of initial cost
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Term
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Definition
tax-deferred mutual transfers of income property
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Term
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Definition
real estate held for rental income
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Term
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Definition
sale in which seller receives purchase price over period of years
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Term
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Definition
extensive use of borrowed money for purchases
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Term
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Definition
rate at which investor’s top dollar is taxed
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Term
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Definition
refinancing property to buy more
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Term
Real estate investment syndicate
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Definition
group pooling resources to buy real estate
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Term
Real estate investment trust
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Definition
fund making real estate investments and selling shares
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Term
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Definition
cash flow plus income tax saving plus appreciation
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Term
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Definition
a joining together of two or more people to carry out business projects
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Term
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Definition
direct deduction from income tax due
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Term
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Definition
law regulating transfer of business personal property
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