You're also ignoring the 'weekly fees' and somehow writing that off as 'body corporate', but it's real money cashflow, every week.
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You're also ignoring the 'weekly fees' and somehow writing that off as 'body corporate', but it's real money cashflow, every week.
Yes & no.
The rent would be compounding over time as would the full amount of DMF.
If the DMF or prepaid rent is 30% of the ORA then the operator is only being paid 70% for the value of the property upfront.
It can't be counted it twice, I.e a 30% profit on the sale. As the operators do call them sales after all.
So you either take 30% out of the profit of the sale and call it prepaid rent, or account for it as 100% sale, but not both.
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This cup of Latte is more intelligent than the current conversation on the thread.
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