Section 1245 Property In a broad sense, Section 1245 Property comprises accumulated depreciation property utilized in a business that does not include rental properties.
Turnkey Property Turnkey Properties are completely functional units of rental properties, such as a bungalow, flat, or office tower, that are available to rent out right away.
Open-End Mortgage An Open-end Mortgage is a distinct sort of house loan in which the client can utilize the loan money as required, even when they've bought the property.
Property Tax Property Tax is a type of tax imposed on property owned by a person or a legal organization such as a business.
Property insurance Protection for losses due to physical damage to or destruction of property or for property loss due to theft; includes two options;
Operating employees The non managers in an organization, who perform specific tasks and usually manufacture a product or provide a service for customers.
Cooperative (co-op) Cooperative (co-op) is an organization in which people collectively own and operate a business in order to compete with larger business.
Why Conduct an Intellectual Property Audit? There are two primary reasons for conducting an intellectual property audit. First, it is prudent for a company to periodically determine whether its intellectual ...
The Process of Conducting an Intellectual Property Audit The first step in conducting an intellectual property audit is to develop an inventory of a firm’s existing intellectual property. The inventory should include the firm’s ...
Operating liability VS Financial liability An operating liability is an obligation incurred in producing goods and services for customers. A financial liability is an obligation incurred in raising cash to finance operations.