"Other Assets"
I have some real estate in another country. Modelling it as USA real estate is probably not very accurate. I think I'll use "Other Assets" to model it. Is there an assumed growth rate for "Other Assets"?
I have some real estate in another country. Modelling it as USA real estate is probably not very accurate. I think I'll use "Other Assets" to model it. Is there an assumed growth rate for "Other Assets"?
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Well, the only thing you have to watch out for is the capital gains on the property. Since out of country cash will probably be treated as ordinary income, no matter what, you'll probably have to be clever with special receipts and expenditures and a whole boatload of side calculations.
Best,
Dick Munroe