Should you capitalize or expense amounts paid to
acquire, produce, or improve Tangible Property?
If you plan to acquire, produce, or improve tangible property,
you need to be aware of a recent major overhaul of the
IRS regulations regarding which costs can be expensed
and which must be capitalized.
Michael Rowan 714.308.7808
John Jason Chun on First Tuesday site: [Click Here]
The Elusive Definitions of NOI and OAR from John M. Francis, MAI
You may think you know about Net Operating Income and Overall Capitalization Rates but I can pretty much guarantee you will learn something useful reading this.
NOI and OAR
If you have any forms or reference sheets you use to evaluate a property or checklists send them in via email and I will get them posted for you. Actually any useful forms for commercial real estate. since these are online they should be available anywhere you are working.
I use this format when looking at land and it may be a good guide for the troops to follow when presenting land or at least understanding what is needed to give to potential buyers and selling brokers. JUST A GUIDE. Land Questionaire
No one wants to waste time and money on a deal that the parties
will never complete.
Watch your money go down the drain. U.S. Debt
May only be an approximation but will hold your attention.
Poodwaddle World Clock Population, energy, crime, food, death and more.
Thanks, Brent, for forwarding this.
According to the Court of Appeal decision, the following sub-paragraph is common to many CMBS Separateness Covenants: The borrower shall not,
“fail to remain solvent or pay its own liabilities (including, without
limitation, salaries of its own employees) only from its own funds;”
The finance industry has pretty much returned to normal, but that “normal” was different from the normal of yesteryear of 2006. Income property buyers who wish to use the finance industry need to alter how they choose properties to invest in, and how they manage those they own or buy. Continue reading
Increasingly, apartment building lenders are requiring T-12 or trailing-12 income and expense statements when financing properties. So, this blog entry is an urgent entreaty to all apartment property owners to begin creating and storing monthly income and expense statements electronically. When refinancing or when a buyer is arranging purchase financing, the underwriting process will be far simpler when 12 monthly statements are readily available.