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OT: Not sure how to determine owner's equity on a new business I am starting
- Subject: OT: Not sure how to determine owner's equity on a new business I am starting
- From: Chris Bennett <..hidden..>
- Date: Sat, 3 May 2014 07:19:08 -0500
We are going to build a set of apartments with full baths and dormitory
rooms with a shared bathroom area.
My father will be suppling the funding.
I will be doing the design and labor part.
The property owner has a flat concrete roof, which he always determined
to finish, but never had the funds.
If it was a separate building, no problems, but he lives on the first
floor. All of this will occur in Guatemala to provide housing for
students in a new University about to open within walking distance.
I am totally confused on how to come up with his owner's equity.
Any advice?
Thanks,
Chris Bennett
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