Soft Money


Definition of "Soft money"

Bear Phelps
Bear Phelps Keller Williams Realty

  1. Money paid for a real estate project or investment that can be taken off on the tax return as an expense.
  2. Expenditures made during construction of a building that do not go directly into the building. Examples are permit fees, interest on borrowed funds, attorney fees, and real estate taxes.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Brick Masonry

Method of constructing a brick, block, or stone wall using mortar in various overlapping patterns. The brick pattern is extremely important in terms o ...

Zoning Ordinance

Local regulation on how real property may be used in a particular locality. The county may establish different zoning classifications and restrictions ...

Yield (rate Of Return)

The income earned on an investment, typically stated as a percentage of the market price ...

Section 167

Section of the Internal Revenue Code relating to depreciation. Capital improvements made to real property are depreciable. ...

Direct Costs

(1) Costs in erecting a new building involved with either site preparation or building construction, including fixtures, in contrast to indirect costs ...

Condo Conversion

Conversion of a rental apartment house to individual condominium ownership of a portion of the minimum ownership of a portion of the building. Often, ...

Popular Real Estate FAQ

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair ...

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income or for investment purposes rather than to live in. ...

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any cost ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from disputes over the title of a property. ...

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the property. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Down Payment: Everything You Wanted to Know Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate?

FAQ

What is an assumable mortgage? What is an agent? What happens when you prequalify? What is a mortgage insurance premium (MIP)? Why should I use a real estate agent?