With a multi income property company how deep have you broken up your expenses between residential and commercial ? That is now required !
Interest . When you have one loan that cover both commercial and residential . FIFO of LIFO ?
To track loans over thirty years is a nightmare.
No wage sheets done for staff
No log books for vehicles (pay fbt)
Office cost etc
Interest . When you have one loan that cover both commercial and residential . FIFO of LIFO ?
To track loans over thirty years is a nightmare.
No wage sheets done for staff
No log books for vehicles (pay fbt)
Office cost etc
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