Real estate investment

Real estate investment

Industry: Financial services

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Real estate investment

tax preference items

Financial services; Real estate investment

Tax preference items are specified types of income and deduction that are included in taxable income in determining whether the taxpayer has to pay the alternative minimum tax, I.R.C. §§ 57, 55.

Tax shelter is the use of tax losses to offset or "shelter" income of a taxpayer. Real estate syndicates are referred to as ''tax shelters'' when they ''shelter'' at least a portion of their income ...

taxable income

Financial services; Real estate investment

Taxable income is a person's estimated income subject to federal, state and local taxation at ordinary rates. It is reported as "taxable income" on the person's federal income tax return without ...

taxable year

Financial services; Real estate investment

A taxable year is the period for computing and making returns of taxable income. It is usually a calendar year or fiscal year, I.R.C. § 441.

tax-sheltered program

Financial services; Real estate investment

A tax-sheltered program is group investment project that provides for tax benefits that flow to the investors, regardless of the structure of the legal entity or vehicle for distribution including, ...

timing

Financial services; Real estate investment

For investment purposes, timing refers to the necessity of buying investment property when prices are low and disposing of the property when prices are high.