The exception is when you refinance to lower the cost of debt service. So, owners who are able to increase revenue and/or otherwise lower their operational costs will also increase their NOI. That same property, with its more substantial cash flow, will be worth an estimated $4.83 million ($290k / 0.06) – a one million dollar […]
Catégorie : Bookkeeping
How Long to Keep Business Tax Records
You can choose any recordkeeping system suited to your business that clearly shows your income and expenses. You need good records to prepare accurate financial statements. These include income (profit and loss) statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business. Instead […]