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Real Estate Glossary

Calendar Year

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Written by Luis Escobar

This refers to a one-year period using the actual number of days in each month. This begins on January 1 and ends on December 31. It has a total of 365 days, or 366 days if it’s a leap year. For purposes of individual and corporation taxation, the calendar year typically corresponds with the fiscal year.

This refers to a one-year period using the actual number of days in each month. This begins on January 1 and ends on December 31. It has a total of 365 days, or 366 days if it’s a leap year. For purposes of individual and corporation taxation, the calendar year typically corresponds with the fiscal year.

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Luis Escobar

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