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Question - The Income Statement for my property for 2020 shows the following:
Revenues = $1 million
Operating Expenses = $650,000
Depreciation Expense = $25,000
Interest Expense = $250,000
Principal Payments = $41,667
What is the Debt Coverage Ratio for 2020?
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Section 1031 by selling relinquished property in California and acquiring replacement property outside of California must do which of the following?
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Calculate the Consolidated Net Income Controlling Interest Share and Noncontrolling Interest Share sections
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