Real Estate Events & Meetups
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Diversified Investors Group: NW Philadelphia Sub Group
1 Reply
- 07/11/16 06:30PM
- Manayunk Brewing Company 4120 Main St, Philadelphia, PA 19127
- Free
Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. Poster certifies that there will be no pitching of products or services at this event.
Diversified Investors Group: NW Philadelphia Sub Group
Date: July 11th, 2016
Time: 6:30 PM to 8:30 PM
Location: Manayunk Brewing Company 4120 Main St, Philadelphia, PA 19127
Presented By: Alle Bechtel/Owner CEO - Are you Bankable? Cost of Goods vs. Expenses
Trying to figure out COGS vs Expense vs Inventory in Real Estate?
This is Part II of Are you Bankable. Last time we discussed understanding what lenders are looking for and how to test your ratios before applying for credit. This time, we will go over how to determine if the costs of running your business qualify as a Cost of Goods [service] Sold COGS, general and administrative Expense, or Inventory. We will also review what benefit there is to the various ways to book transactions on your financials and how the classifications affect your tax filings and book ratios.
- Joseph Scorese