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
A right or portion of property reserved to the grantor in a conveyance by deed. Waiver of a requirement in a lease agreement such as the landlord allowing an old tenant to have a cat or a ...
Performance of a complete inventory of real property within a jurisdiction. A cadastral program produces the cadastral map. ...
Paneled brickwork between timber quarters, a framed wall, or partition. ...
Principle stating that all joint tenants must acquire their interest from the same deed or will. ...
Exterior wall not supporting a load, mostly found in office buildings. ...
Value of property is reduced form usage oven time. The problem is worsened when repairs and maintenance have not been made. ...
Insects that destroy the support wood in the structure of a building. Termite inspection should be periodically performed to detect their existence. If an infestation is confirmed, the ...
Section of the Internal Revenue Code that addresses tax-free exchanges of certain property. The general provisions for a tax-free exchange of real estate are that the properties must be ...
Insurance protection for the replacement cost of damaged property. Thus, the accumulated depreciation is not subtracted in determining the amount of reimbursement. ...
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