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

所有跟帖： 

• 1. we have surplus near 300k from 2 fire claim.. -jy101- ♂ (344 bytes) () 12/11/2011 postreply 16:27:22

• got it, thanks -happyfolk- ♂ (179 bytes) () 12/11/2011 postreply 19:19:20