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question		réponse
Direct investment commencer à apprendre		you own title to property you purchased
Commercial property commencer à apprendre		land and buildings that produce rental income
Indirect investment commencer à apprendre		an investment in which a trustee is appointed to hold legal title to the property
Syndicate commencer à apprendre		temporary association of individuals or business firm organized to perform a task that requires a large amount of money
Participation certificate commencer à apprendre		an investment in a group of mortgages that have been purchased by a government agency
Financial leverage commencer à apprendre		this is the use of borrowed money for direct investment purposes
Precious metals commencer à apprendre		gold platinum siler
Precious gems commencer à apprendre		mineral deposits that are dug from the earth by miners and cut and shaped into jewels
Collectibles commencer à apprendre		people for investments that collect things, includes rare coins, works of art, antiques, stamps, comic books, sports memorabilia
Tax liability commencer à apprendre		total amount of taxes owed
Estate tax commencer à apprendre		this is a federal tax collected on the value of a person’s property at the time of their death
Inheritance tax commencer à apprendre		state tax collected on the property left by a person to his heirs in a will
Income tax commencer à apprendre		tax on wages, salaries, and self employed earnings
Income tax return commencer à apprendre		form that which a taxpayer reports how much money they’ve received from working and other sources
Exclusion commencer à apprendre		income that is not subject to taxes
Adjusted gross income commencer à apprendre		gross income after calculating certain reductions
Taxable income commencer à apprendre		adjusted gross income minus any allowable tax deductions and exemptions
Tax deduction commencer à apprendre		expense that you can subtract from your adjusted gross income to figure your taxable income
Standard deduction commencer à apprendre		amount of money set by the irs that is not taxed
Itemized deduction commencer à apprendre		specific expense (such as a medical expense) that you can deduct
Exemption commencer à apprendre		deduction from the adjusted gross income for the taxpayer spouse and qualified dependents
Tax credit commencer à apprendre		amount of money that can be subtracted from the taxes you owe
Allowance commencer à apprendre		withheld from your paycheck based on your marital status and dependents
Extension commencer à apprendre		extended deadline for filing your tax return
Tax audit commencer à apprendre		detailed examination of your tax return by the IRS

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