Yearly tax return filed by an individual or couple. It is due to the federal taxing authority on April 15 for the preceding calendar year. The taxpayer reports gross income, adjustments to gross income, personal exemptions, deductions, and taxable income. The tax rate is graduated, based on taxable income. Income or loss from real estate property is reported on Schedule E.
Popular Real Estate Terms
Financing technique aimed at those people who only plan to live in a house for a short time. Under this mortgage, a lower interest rate and, thus, a lower monthly mortgage payment are ...
The right to recover property taken away by foreclosure by paying the lender the total amount owed plus foreclosure costs. The right of a debtor in bankruptcy to recover personal ...
An agricultural technique of supplying water to land to sustain the growth of crops. Developing irrigation system is an ancient practice being used as early as 500 BC along the banks of ...
(1) Paved roadway constructed above lowlands such as a swamp. (2) Roadway in ancient Egypt connecting the valley temple with a pyramid. ...
Right to substantive real or personal property having tangible body and form. For example, a corporeal right to a house, property, furniture, or fixtures. ...
Yearly tax return filed by an individual or couple. It is due to the federal taxing authority on April 15 for the preceding calendar year. The taxpayer reports gross income, adjustments to ...
Property interest a person has that is presently possessed by another. Upon the termination of the possession, the property reverts to the grantor. ...
Availability of houses in an area. ...
The deposit given by a buyer of property is delivered to the escrow agent, who retains it for the seller. ...
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