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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Mike Thomas's profile image
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Mike Thomas
  • from Minneapolis, Mn
  • Member since Feb 26, 2018
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Mike Thomas's profile image
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Mike Thomas
  • from Minneapolis, Mn
  • Member since Feb 26, 2018
Connect
Mike Thomas
  • Minneapolis, Mn
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3
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Starting Out

personal financial statement

Mike Thomas
  • Minneapolis, Mn
Posted Jan 25 2023, 14:55

I have a question when filling out a PFS.  I have acquired equity in multiple partnerships so how do I record that?  The pfs asks for the value and mortgage.  Do I just list the value and the mortgage or do I need to breakout my equity value?  How would I then account for the mortgage part as it would then be skewed?

Chicago, Illinois
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