My research tells me they are going higher thru the rest of 07 at least.The median price of USA homes has risen to $260,000 ish..Math that and one arrives at $34b a month.REDevelopers volume is not included..but we all know it is horrendously both enormous and under stated.

Regardless, the shareholder loses his interest in the company.On the other hand, the LLC treated as a corporation for tax purposes, is still an LLC under state law.

So it's vital that net returns be portrayed as materially higher than the borrowing rate.It's usually the smaller, newer companies that are at least acknowledging these expenses, though they often understate them (vacancies at 5%, maint/repairs/capital at 5% is common).I'd love to hear insights from others on this.

They list:Annual Rent 10,200HOA Fees 0 0County Taxes 839Management Fees 600Annual Insurance 450Annual Cash Flow 8,311Management fees are understated. 10% of collected rents is more typical, which would be $1020 a year.

Judgments can attach to assets as liens but the creditor can not usually force sale of other assets and income may be garnished under state law.

I am new, but I will understate the ARV and overstate the potential repairs.

You're missing the same thing that I post in many analysis requests: expenses - some are understated and some are missing.

Or NOI could be understated due to capital expenditures being reported as operating expenses.

What mike said was not to understate your expenses to overstate your income on a tax return.

HOAs are legal, usually not for profit, or, non-profit corporations, incorporated under state law.