New York real estate glossary
Know the term. Understand the rule.
Search 189 exam terms from all 19 New York salesperson curriculum subjects. Every definition opens into a sourced guide with an exam cue, a practical example and the distinction students often miss.
How to use this glossary
Read the short definition first. Then open the term for the exam pattern, New York example and common mix-up.
Filter by topic Income tax
2 terms in Income tax beginning with A
Showing 1 to 2
A
Income tax
Adjusted basis
Original basis increased or decreased by tax-law adjustments such as qualifying improvements and allowed depreciation.
Open term guideIncome tax
Amount realized
The total value received on a disposition, adjusted for selling expenses and other items as tax law provides.
Open term guide