Active Income VS. Passive Income Active income and passive income are two types of earnings that individuals can generate. They differ in the level of effort required to earn and maintain them. Active Income Definition: Active income is the money earned from performing a service or participating in a business in which an individual is […]

Adjusted Basis? The adjusted basis is a tax-related term that refers to the original cost of an asset, adjusted for various factors that can affect its value over time. This adjusted basis is used to determine the gain or loss when the asset is sold or disposed of. The adjustments typically include costs that increase […]

Silver Tsunami? The term “silver tsunami” is often used to describe the demographic phenomenon of an aging population (closely tied to the baby boomer generation, which refers to individuals born between 1946 and 1964), particularly the increasing number of individuals reaching retirement age. As this large cohort of baby boomers ages, it contributes to the […]

What’s a Parking Ratio or Parking Index? Parking ratio or parking index in commercial real estate is a crucial metric that assesses the relationship between the number of parking spaces available and the total leasable square footage of a commercial property. This ratio is expressed numerically and helps gauge the adequacy of parking facilities, a […]