Definition
Ongoing expenses of holding a property, including taxes, insurance, utilities, and loan interest.
Example
Carrying costs of $890 per month over seven months consumed a substantial share of flip profit.
Related terms
Frequently asked questions
What does Carrying Costs mean in real estate?
Ongoing expenses of holding a property, including taxes, insurance, utilities, and loan interest.
How is Carrying Costs used in practice?
Carrying costs of $890 per month over seven months consumed a substantial share of flip profit.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.