A retirement plan for self-employed businesses where one can supply up to 25% of their earned income to the plan. Caps out at $30,000.
A tenant that resides within a building and attracts the business of customers, such as a popular chain retail store or restaurant.
An added benefit given to the lender by the borrower on top of the normal, scheduled payments, such as equity in the business.
Commonly found in apartments or other small residences, a kitchenette is a small kitchen area that provides the basic necessities for cooking.
