equity sharing definition

equity sharing

Joint ownership of a property by one or more owner-investors and one or more owner-occupants. The owner-investors get the benefit of depreciation, and the owner-occupants can treat a part of their monthly mortgage payments as rent, and benefit from tax write-offs for interest and property taxes. When the property is sold, both types of owners share in the profit or loss realized from the sale.

equity sharing is in the Accounting & Auditing, Banking, Commerce & Finance, Investing and Real Estate & Buildings subjects.

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