Real Estate Glossary

What is Before-Tax Income?

Before-tax income, also known as gross income, is the total amount of money that a person or business earns before any taxes or deductions are taken out. This includes income from wages, salaries, investments, and other sources. Before-tax income is used as the starting point for calculating taxes and other deductions, such as Social Security and Medicare taxes, and is different from after-tax income, which is the amount of money that a person or business has left after all taxes and deductions have been taken out.

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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 Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, SC, TN and TX.
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