Posted 11/30/2024 18:19 (#10989548 - in reply to #10989532) Subject: RE: Land payments
Not saying it’s universally correct, But. We want interest cost to be somewhere within sight of cash rent. Then just understand that principle payments and property taxes will have to come from somewhere else. Consider it like putting money into a retirement account. There’s an anecdote that says the land doesn’t have to cash flow but you do. Good luck.