great, but why the insurance money is considered unrealized inco

Is it the payment for loss, or a wash? Also what is the nature of $314k (new equity gain)? Is this the new investment? why is it treated as unrealized income? Curious.

 

RE - Landlord (burn complex + house, insurance money not realized)- $167,000

RE - Landlord (Equity Gain from rehab) --------------------------- $0

RE - Landlord (new complex, partnership, equity gain) ---------- $314,000