Accounting Liabilities

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The Difference Between Gross And Net Lease

Landlords factor in the costs that they are taking on under a gross lease into the cost of rent. There are advantages and disadvantages to this approach for each party. A triple net lease assigns sole responsibility to the tenant for all costs relating to the asset being leased, in addition to rent. The landlord includes the totals for ...

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Recording And Tracking Capital And Operating Leases

The life of the lease must be 75% or greater for the asset’s useful life. Adam Hayes is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master’s in economics from The New ...

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What Is A Leasehold?

In some cases, you can get your landlord to pay for some or all of the costs. If you can’t, you may be eligible for favorable tax treatment on the improvements that you wouldn’t get if you owned the building. The law for leasehold improvements changes frequently, but at the time of publication, you can depreciate leasehold ...

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Ninja Loan Financial Definition Of Ninja Loan

The loans will then either be held in portfolio or placed into a private securitization. According to 360 Mortgage, the Agency NINA mortgage is available for loan-to-value ratios of up to 80%. Loans.org is a unit of 360 Quote LLC providing thousands of consumers with outstanding loan information and advice – for free – since 2011. No Income / ...

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Off Balance Sheet Definition

These activities will appear on revenue statements, cash flow analyses, etc. They do not, however, appear on the balance sheet, on the list of the bank’s assets and liabilities. Previously, the benefits of off-balance-sheet operating leases were a large part of any business’s lease vs. buy decisions. Now that operating leases will ...

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Law Firms and Client Trust Accounts

You should be able to check your firm’s financial records and progress at any time, so you can make informed decisions for your clients and your firm. Law firms use trust accounts to hold client funds and keep them separate from the law firm’s funds. Firms must keep a detailed record of money going in […]

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