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EstateThe total value of a deceased person's assets.For example:Total value of property, automobile and all other possessions = £500,000Allowable deductions such as mortgage, overdraft at bank, credit cards and other expenses = £70,000Total net value of estate = £430,000Similar MatchesReal 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 brokerReal estate brokerAn intermediary who receives a commission for arranging and facilitating the sale of a property for a buyer or a seller. Real estateReal estateA piece of land and whatever physical property is on it. Estate dutyEstate dutyA former tax on a deceased person's estate and the forerunner of capital transfer tax which itself has been superseded by inheritance tax. 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. Further SuggestionstestateBroker, Real Estate Disposition of Real Estate Statement residuary estate estate tax estate agent Real estate appraisal Real Estate Real Estate Settlement Procedures Act (RESPA) real estate Real Estate Investment Trust (REIT) real estate broker Finite Life Real Estate Investment Trust (FREIT) intestate |
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