Payback Period – David Reecher The amount of time required for cumulative estimated future income from an investment to equal the amount initially invested. It is used to compare alternative inv...Read More
Pass-Through Certificates or Securities – David Reecher Securities supported by a pool of mortgages. The principal and interest are due monthly on the mortgages and are passed through to the inv...Read More
Passive Income – David Reecher Generally, income from rents, royalties, dividends, interest and gains from the sale of securities. A meaning created by the Tax Reform Act of 1986 distinguishes p...Read More
Participation or Participating Mortgage – David Reecher Agreement between a mortgagee and a mortgagor that allows the lender to have a percentage of ownership in that particular property. Allows...Read More
Ownership Rights to Realty – David Reecher The right to possess, exclusively occupy, enjoy, control, and dispose of real estate. Ownership rights to realty are granted by the ownership of a titl...Read More
Ownership Form – David Reecher Methods of owning real estate. Ownership form has important consequences for income tax, estate tax, corporate income tax, and survivorship. Real estate may be own...Read More
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