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Negative Gearing

Where the return on an investment is not sufficient to cover the costs on the investment, eg: property maintenance and interest on the loan against income from renting.

 

Negotiation

 

The process of reaching an agreement between the buyer and seller regarding the terms and conditions of the contract.

Net Income

Income after taxes are deducted.

Nominee

A person who, in a limited sense, acts for or represents another.

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