- Principal
- The initial amount of money on which interest, returns, or tax liabilities are calculated.
- Interest rate
- The percentage charged or earned per period on the principal, expressed as an annual rate unless stated otherwise.
- Compounding
- The process by which interest is added to the principal so that subsequent interest is earned on the combined amount.
- Present value
- The current worth of a future sum, discounted at a given rate to account for the time value of money.
- 1031 exchange
- A key concept referenced by the 1031 Exchange Timeline: Calculate critical 1031 exchange deadlines: 45-day identification period and 180-day closing deadline from the date of the relinquished property sale. Covers 3-property rule, 200% rule, and 95% exception for identifying replacement properties.
- Like-kind exchange
- A key concept referenced by the 1031 Exchange Timeline: Calculate critical 1031 exchange deadlines: 45-day identification period and 180-day closing deadline from the date of the relinquished property sale. Covers 3-property rule, 200% rule, and 95% exception for identifying replacement properties.
- 1031 deadline
- A key concept referenced by the 1031 Exchange Timeline: Calculate critical 1031 exchange deadlines: 45-day identification period and 180-day closing deadline from the date of the relinquished property sale. Covers 3-property rule, 200% rule, and 95% exception for identifying replacement properties.
- 45 day identification
- A key concept referenced by the 1031 Exchange Timeline: Calculate critical 1031 exchange deadlines: 45-day identification period and 180-day closing deadline from the date of the relinquished property sale. Covers 3-property rule, 200% rule, and 95% exception for identifying replacement properties.
- 180 day exchange
- A key concept referenced by the 1031 Exchange Timeline: Calculate critical 1031 exchange deadlines: 45-day identification period and 180-day closing deadline from the date of the relinquished property sale. Covers 3-property rule, 200% rule, and 95% exception for identifying replacement properties.