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MasterCard International links usage of its card with fund-raising for institutions that combat cancer, heart disease, child abuse, and muscular dystrophy. MasterCard gives a modest percentage of charges from its credit card charges to the institutions. What is this called and how does it affect cardholders' behavior?
IRS Method
Refers to specific guidelines and procedures established by the Internal Revenue Service for calculating taxes, deductions, and other tax-related matters.
Mortgage Interest
The interest charged on a loan used to purchase a property, which is often tax-deductible for homeowners.
Vacation Home Properties
Real estate properties owned for personal use as a vacation getaway, which may also generate rental income.
Primarily Rental
Refers to property or real estate primarily used for rental purposes, where the primary intent is to generate rental income from tenants.
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