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LSDefine

Simple English definitions for legal terms

investment property

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A quick definition of investment property:

Investment property refers to a type of property that is bought with the intention of making money through renting it out or selling it for a profit. This property is not used by the owner for their own living purposes. It is important to note that according to the Uniform Commercial Code, Article 9, investment property is not considered an account.

A more thorough explanation:

Investment property refers to a type of property that is bought with the intention of making a profit. This type of property is not occupied by the owner, but is instead rented out to tenants or held for capital gains.

For example, a person may purchase an apartment building with the intention of renting out the individual units to tenants. The rental income generated from the property would be the source of profit for the owner. Another example could be a person purchasing a piece of land with the intention of holding onto it until its value increases, and then selling it for a profit.

Investment property is different from a personal residence, which is a property that is occupied by the owner. Investment property is also not considered an account under the Uniform Commercial Code, Article 9.

investment | investor

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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