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Taxable Income
The amount of income that is subject to taxes, after all deductions and exemptions.
Operating Expense
Expenses incurred during the course of regular business operations, such as wages, rent, and utilities, that are not directly tied to the production of goods or services.
Brokerage Commissions
Brokerage Commissions are fees charged by a broker to execute transactions or provide specialized services.
Home Mortgage
A loan provided by a financial institution to assist with the purchase of a house, secured by the property itself.
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