Tag: rental

What is 'Passive Activity Loss Rules' A set of rules that prohibits using passive losses to offset earned or ordinary income. Passive...

DefinitionA safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank...

What is joint ownership of property Joint owned property refers to a situation in which two or more individuals own an asset together. There are...

What is 'Land Value Tax - LVT' A tax on the value of a piece of land. Land value tax inherently makes...

When it comes to buying a home, there are many different options available to you. One of those options is the land lease option....

Being a landlord can be a very profitable business venture, but it also comes with a lot of responsibility. In this blog post, we...

DefinitionA lease option is a type of contract used in both residential and commercial real estate. In a lease-option, a property owner and tenant...

What is the 'Vacancy Rate' The vacancy rate is the percentage of all available units in a rental property, such as a...

What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...

What is the 'Occupancy Rate' Occupancy rate refers to the ratio of rented or used space compared to the total amount of available space. Analysts...