Phantom Income

Phantom Income: Understanding Tax Implications in Real Estate
A detailed examination of phantom income, particularly in the context of leveraged real estate transactions and the tax consequences that arise when more depreciation is claimed than mortgage payments. Learn about taxable gain, adjusted tax basis, and its implications.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.