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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An adjustment to the internal rate of return (IRR) computation so as to improve this measure. This uses a risk-free after-tax rate and a customary rate for money reinvestment. ...
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