equity sharing |
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Definition
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.
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equity sharing is in the Accounting & Auditing, Banking, Commerce & Finance, Investing and Real Estate & Buildings subjects.
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http://www.businessdictionary.com/definition/equity-sharing.html







