Variance Posh Real Estate Developers

     Visit Our Website  Asset, equity, income, cost, expenses, and liability in this write-up will be viewed from a real estate investor's standpoint. They are interrelated and it will be good for investors to have a clearer understanding of these words. An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. An asset can also be something you own containing economic value right now and/or future value . So, we can simply define an asset as anything of value that can be converted into cash. Assets are tangible and intangible. Tangible assets include current assets (cash, inventory, and accounts receivables) and fixed assets (Buildings, land, cars, and equipment). On the other hand, intangible assets include copyrights, trademarks, patents, etc. All investments are assets but not all assets are investments. An investment yields income or profit but not all asse...