DEMAND PULL INFLATION: DEFINITION, CAUSES & EXAMPLES
When demand surpasses supply, higher prices are the end result. I will be discussing in this post all…
CASH BASIS ACCOUNTING: Definition, Expense Recognition & Basic Principle
If you own a business, the term ”Cash basis accounting” might not be new to you. This is…
HOW TO CALCULATE MILEAGE FOR TAXES: All You Need
A business mileage tax deduction is a tax break for small businesses that use miles as their primary…
PRICE ELASTICITY OF DEMAND: What You Should Know
Simply put, the price elasticity of demand describes how, when the price of goods rises, the quantity of…
REAL ESTATE ACCOUNTING: Definition and the Basics Principle of Real Estate Accounting
Real estate accounting can simply be defined as the act of owning and managing a property, either for…
PRINCIPLES OF FINANCE
Principles act as some sort of guideline that ensures things are done the right way. When it comes…
E&O INSURANCE: How it Works
E&O insurance is insurance for errors and omissions. Notably, nobody is above making mistakes. Individuals, on the other…
FEE SIMPLE ESTATE: Definition, Examples & Types
Owning an estate in the state is everyone’s desire. Unfortunately, people are more interested in owning a house…
STATES WITH THE LOWEST PROPERTY TAXES: Best 10 States With the Lowest Taxes 2023
While tax cannot be completely avoided, every tax reduction or tax-free offer is a welcome development. People gladly…
FEE SIMPLE: Definition, Examples & What You Need
What is fee simple in real estate? This means the ownership of a property without restrictions. However, there…