Soft Cost
The portion of an equity investment other than the actual cost of the improvements themselves (e.g., architectural, engineering, and legal fees, and broker commissions), which may be tax-deductible in the first year. See also: Hard Cost.
The portion of an equity investment other than the actual cost of the improvements themselves (e.g., architectural, engineering, and legal fees, and broker commissions), which may be tax-deductible in the first year. See also: Hard Cost.