Investment Property Rule at Real Estate Glossary

What is it? The Internal Revenue Code specifies that no gain or loss should be recognized on the exchange of property held for productive use in trade or business or for investment if the property is exchanged for property of like kind that is to be held for producti

Real Estate Definition Added By: Peyton

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Other Similar Real Estate Terms:

Real Estate Term Building moratorium is A halt on home construction to slow the rate of development.

Real Estate Term Multifamily mortgage is A mortgage on a multifamily dwelling with more than four families, typically an apartment building.

Real Estate Term General Lien is The right of a creditor to have all of a debtors propertyboth real and personalsold to satisfy a debt. (See lien)

Real Estate Term Funding Fee is A percentage of the loan amount charged on VA loans to provide for administrative costs. The fee has increased over time and is higher for subsequent use by veterans, reservists and National Guard.

Real Estate Term Downzoning is A change in zoning from a higher to a lower classification or from a more active to less active classification, such as from residential to conservation, or multifamily to single-family use. In these cases, there is no taking under eminent domain and thus