RealNex Knowledge Base

    Funded Reserves

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    Funded Reserves (on the Financials tab) allows you to specify capital set aside in anticipation of capital expenses or improvements.  The Funded Reserves are applied to Capital Expenses, Tenant Improvements and Leasing Commissions as they occur.
     
    Capital Reserves
    Enter a whole dollar amount for the Capital Reserve.  This amount will be included in your Initial Investment Capital.
     
    Interest Rate
    Enter an Interest Rate, with up to three decimal places,  to be applied to the Capital Reserve.  Remember that the interest earned on the Capital Reserves is taxable at the ordinary rate if expended on Capital Expenses, Capital Costs (tenant improvements or leasing commissions)  or taken at the time of Resale.

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