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Chapter 72, 73 and 74

Horizontales
A report from a title company providing information about a property's ownership, encumbrances, use restrictions and comparable sales data
The total of the taxpayer's reportable income and losses from all three income categories
An individual's alternative residence where they do not reside a majority of the year
A fee charged by a lender as prepaid interest which in turn reduces the note rate on the mortgage, with a point equalling 1% of the amount of the mortgage
An itemized deduction for income tax reporting slowing homeowners to deduct interest and related charges they pay on a mortgage encumbering their primary or secondary homes
A junior mortgage encumbering the value in a home remaining after deducting the principal on the senior mortgage from the market value of the home
Deductions taken by a tax payer for allowable personal expenditures which, to the extent allowed, are subtracted from adjusted gross income (AGI) to set the taxable income for determining the income tax due, called Schedule A
Verticales
A property management standard reflecting the expectations of a well-informed investor for efficient and effective management of rental income and expenses
The residential property where the homeowner resides a majority of the year.
Interest on a mortgage which has accrued and been paid and is an allowable interest deduction for ownership of a first or second home
A flat, one time fee charged by a property manager for the time and effort taken to become sufficiently familiar with the operations of the property to commence management
A non-required professional designation certifying an individual has met legislated educational requirements specific to managing common interest developments
An incentive bonus paid upon successfully completing or hitting certain benchmarks, or received as compensation on the occurrence of an event
The intangible image or opinion held about a property which affects its earning power