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Real Estate Glossary

What is Gross Income?

Gross income refers to the total amount of money received by a person or a business before any deductions, taxes or other costs are taken out. For example, if a landlord rents out an apartment, their gross income would be the total amount of rent they receive from the tenants before deducting expenses like mortgage payments or maintenance costs.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty LLC is licensed in AL, CA. CT, GA, IL, IN, MI, MN, NC, SC and TX.
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