.* Adjusting the value of any closely-held stock or business entities, which tend to be overstated.* Capitalization of any leases.* Adding in any contingent liabilities, especially if a share of the asset related thereto appears on the balance sheet.It was common to see that someone whose personal financial statement indicated a $5 million net worth would be reduced down to $1 million or less.

(I only tape to glass or metal.

I’m talking about everything….securities, commodities, personal assets, derivatives, closely-held stock, access to lines of credit and private money, etc.The more liquid you are in these areas the less cash you need to keep on hand.

Even if it does take really long to close, the EMD will be held in escrow until closing.Every now and then, title work is really fouled up - and the closing can take months.

Group LLC, Deleware or Wyoming based which is held by an Australian Discretionary trust - This will be treated as a corporation for US taxation and as a consequence the LLC will be treated as a corporation.Subordinate LLC's - state based which will be the entities that own the properties.Money sourced from LOC in Australia at an interest cost of about 8%.The issuesThe properties should all be massively cashflow positive at a gross 20+% returns.

If you held title as an LLC for the sold property, the new property you buy needs the same entity.

Think of it in terms of accounting rules: Held-to-maturity securities are not marked to market but trading securities are - therefore Vikram and JScott are best served by incorprating market values and accounting for transaction costs to determine net realizeable proceeds.

I am interested in precious metals.

FWIW, trustee sales need to be held at the courthouse or at the parcel and the place must be identified in the notice of sale (NCGS 45-21.4.)

and setting it up so that the current seller held a note on me with a balloon payment due in six months after he actually vacated the property and handed over the keys.