Constructive Receipt
Tax concept whereby income not actually received is considered to be constructively received by a taxpayer and thus must be reported. An example is a bond interest coupon. The interest is taxable in the year the coupon matures, even though the holder delays cashing it until a later year.
Popular Real Estate Terms
Individual who by his expertise, education, and experience prepares syndication reports. ...
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Claim or debt that may be recovered by instituting a lawsuit. ...
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