Real estate investment

Real estate investment

Industry: Financial services

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Real estate investment

Fixed liability

Financial services; Real estate investment

A fixed liability is a long-term liability.

Free and clear return

Financial services; Real estate investment

Free and clear return means the yield from property that is arrived at by dividing net income by the total purchase price. It is expressed as a percentage.

Functional obsolescence

Financial services; Real estate investment

Functional obsolescence is depreciation from faulty design or lack of modern conveniences.

Future value tables

Financial services; Real estate investment

Future value tables are charts used to determine the total amount at some time in the future of a lump sum deposited presently, or periodic deposits, earning interest at a given rate.

Generally accepted accounting principles

Financial services; Real estate investment

Generally Accepted Accounting Principles are rules that have widespread acceptance in the profession of accountancy.

Gross income

Financial services; Real estate investment

In accounting, gross income is the total income from property before any expenses are deducted. In taxation, gross income is all income from whatever source derived, except income from items and ...

Deterioration

Financial services; Real estate investment

Deterioration is one of the causes of depreciation that reflects the loss in value brought about by wear and tear, disintegration, use in service and the action of the elements.