Definition of "Soft money"

Bear Phelps real estate agent
Bear Phelps, Real Estate Agent Keller Williams Realty (Layton)

  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.
 

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