This weekend I got to thinking about the “security” of the debt coverage ratio for lending practices. As we all know from the current recession, there are many companies and properties that have negative cash flows. Have you ever wondered how much security the debt coverage ratio provides a lender? How much can sales (business) or . . . → Read More: The Phantom DCR Sales Decline Cushion
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For a long time now, we’ve been hearing about all kind of “creative” solutions to getting this country out of the recession. Stuff like creating a holding company that is government funded and buys bad, “toxic” loans, TARP, bailouts, putting more money into the economy, having the government buy consumer mortgages, and other solutions. The latest . . . → Read More: The Intrinsic Problem with the Current Great Recession It’s taken a long time for a chink in the armor to be exploited, but here it is. New Florida Law Makes it Easier to Challenge Property Tax Appraisals Florida’s appraisers will now have the burden of proof when supporting their assessments in property value disputes from taxpayers, Gov. Charlie Crist signed a bill amending Section 194.301 that . . . → Read More: Florida Tax Appeal Laws are Getting it Right! |
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