The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31002
Likes: 52320


I guess I just don't understand how you get to a negative net worth


with a bunch of appreciating real estate assets without someone allowing you to borrow more than 100% of the value of the asset. It just doesn't make sense.

And the K1 will give you income... not sure how you get a better net worth estimate from that than you would from just estimating the value of the assets themselves based on comparable sales... i.e. the way real estate value has been estimated since the beginning of time. It's not hard.

(In response to this post by HoosWillWin)

Posted: 12/07/2018 at 8:46PM



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Current Thread:
 
  
More nothing to see here..... -- Hoo Fighter 12/06/2018 12:08PM
  A lobbyist? ** -- Shenhoo 12/06/2018 1:20PM
  Good god, you guys really need to stop -- BocaHoo91 12/06/2018 12:39PM
  It's still a corporate entity, right? ** -- hoothat 12/06/2018 7:31PM
  Bingo ** -- 111Balz 12/06/2018 4:14PM
  I actually do agree with that -- BocaHoo91 12/06/2018 12:56PM
  What should he have done? ** -- JMHoo 12/06/2018 2:15PM
  Did Thomas Jefferson? ** -- hoothat 12/07/2018 12:09AM
  BTTTS ** -- 111Balz 12/06/2018 3:31PM
  Trump should write a book too -- Beerman 12/06/2018 3:16PM
  They're struggling. TDS is a scary thing. ** -- Hoodafan 12/06/2018 3:15PM
  LOL! ** -- Hoodafan 12/06/2018 2:20PM
  Didn't Trump build the hotel before he was in office? ** -- Sabremetrician 12/06/2018 4:48PM
  A World in need runs on an orange man's greed ** -- Tuckahokie 12/06/2018 3:42PM
  As you noted, he owns other properties. -- hooshouse 12/06/2018 12:52PM
  It was a joke. Simmer down you! -- Hoodafan 12/06/2018 2:59PM
  You guys have become so deranged you are repeating -- TomKazanski 12/06/2018 12:28PM
  Yes - we've got him now!!!!** -- ResistHoo 12/06/2018 12:25PM
  Emoluments clause (bribery) ** -- WahooMatt05 12/06/2018 12:32PM
  Ugh, I give up. Everyone is fucking retarded -- BocaHoo91 12/06/2018 12:42PM
  LOL ** -- hoothat 12/06/2018 12:41PM

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