Dictionary of Business Terms: soft money
soft money
- in a proposed development or an investment, money contributed that is tax deductible.
- sometimes used to describe costs that do not physically go into construction, such as interest during construction, architect's fees, and legal fees.
Dictionary of Real Estate Terms: soft money
soft money
in a development or an investment, money contributed that is tax deductible.
Example: equity required for a development is $100,000, of which 50% is promised to be tax-deductible and therefore is soft money.sometimes used to describe costs that do not physically go into construction, such as interest during construction, architect's fees, legal fees, etc.
