Examlex
generation of children born between 1946 and 1964 is referred to as
Mortgage
A loan secured by the collateral of specified real estate property that the borrower is obliged to pay back with a predetermined set of payments.
Holding Periods
The length of time an investment is held before being sold, affecting the tax treatment of any gains or losses.
Partnership %
The percentage of ownership or profit-sharing assigned to each partner in a partnership agreement, determining the distribution of earnings and losses.
§1231 Gain
A type of gain that arises from the sale of property used in a trade or business, which is subject to favorable capital gains tax rates if held for more than one year.
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