A letter of intent is a letter sent to a potential partner or buyer stating the terms of the sale or agreement, if signed, this does not constitute a legally binding contract to buy or sell. What should a letter of intent contain? When writing a letter of intent, you should remember first and foremost…
Yes, you can depreciate rental properties. Most rental income is short term meaning that it can be depreciated. The Internal Revenue Service (IRS) permits the deduction of the full estimated cost, i.e. full depreciation. The IRS limits a landlord’s deduction to $1 for each rental unit that has been unused for at least 12 months…
A liquid filled chair is also sometimes called a liquid filled sofa (which you can buy). A liquid filled chair is similar to a recliner chair but in which the frame is hollow. It offers the support and comfort of a couch with the added features of a chair and chair. How can I ruin…
When a watch has been damaged and is no longer synchronized, it can cause it’s movements to either increase or decrease the time. This is called out of period adjustment, or OPA. OPA is measured in seconds and is an indicator of the strength of the movement. Where are correcting entries recorded? Correcting Entries. When…
The maximum safe distance for you to be hit by a concrete truck is 50 feet (15 m) away, and not surprisingly, this is the distance most people choose to park when at a site. However, it is important to realize that the concrete truck could travel a further distance. How tall is a front…
The analysis of strategic groups is a technique that is useful to identify market potential. It helps analyze the potential of an industry. It is a systematic method of identifying market size. This technique helps in determining where to invest for profit maximization. Why do we create strategic group maps? The reason we create a…