Soft Money
Definition of "Soft money"
- Money paid for a real estate project or investment that can be taken off on the tax return as an expense.
- 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.
Popular Real Estate Terms
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Provision in an agreement in which its renewal is a matter of course at the end of its initial term. ...
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Holding pool of mortgages. It is marketed as a tax exempt mortgage backed security for investors. ...
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