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Estate tax |
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Estate taxIn the US, a tax imposed by the federal government or state on the net value of a deceased person's estate after deduction of an exclusion. The net proceeds, after estate tax has been paid, pass to the beneficiaries. If the sole beneficiary is a spouse, no tax is payable.Similar MatchesReal estateReal estateProperty comprising land and buildings etc as opposed to personal property. Also known as real property. Real estate brokerReal estate brokerAn intermediary who receives a commission for arranging and facilitating the sale of a property for a buyer or a seller. Real estate investment trustReal estate investment trustIn the US, a publicly traded investment trust which invests the capital of its shareholders in real estates.Some REITs, called 'Equity Reits', take equity positions in real estate, receiving income from rents and capital growth from selling buildings.Others specialise in lending money to property developers, their income coming from interest payments on those loans.Hybrid REITS do a mixture of equity investing and property lending.REITs enjoy special tax advantages provided 75% or more of their income comes from property and 95% or more of their net earnings is distributed to shareholders annually. Real Estate Mortgage Investment Conduit (REMIC)Real Estate Mortgage Investment Conduit (REMIC)A pass-through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass-through certificates, bonds, or other legal forms. A financing vehicle created under the Tax Reform Act of 1986. Real Estate Investment Trust (REIT)Real Estate Investment Trust (REIT)REITs invest in real estate or loans secured by real estate and issue shares in such investments. A REIT is similar to a closed-end mutual fund. Further Suggestionsintestatereal estate broker estate agent estate Finite Life Real Estate Investment Trust (FREIT) Disposition of Real Estate Statement Real Estate Real estate estate duty Real estate appraisal Real Estate Settlement Procedures Act (RESPA) Broker, Real Estate testate residuary estate |
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