Atlanta Goldmine Property – $99,000 Equity

Established in 2018 as a LLC in Atlanta, Georgia, Gilmore Homes – Gilmore Loans, LLC., is about to interrupt the real estate landscape infused with technology to enhance the lives of American Consumers by providing aspects of the American Dream through home ownership, shared, single and affordable rental housing, and financial services.

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This property was last sold for $99,000 in 2015 and currently has an estimated value of $145,800. According to the Atlanta public records, the property at 1610 Chattahoochee Ct, Atlanta, GA 30349.

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(Father also owned Cagney’s off Dupont Circle.) Job in another life: Own a gold mine to work in the summers. Daily habit: Driving with top down (when temp is 40 or more) and enjoying a “nice” cigar..

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1st equity property management was founded in 2010, and is located at 789 El Camino Real in Burlingame. It employs 2 employees and is generating approximately $99,000.00 in annual revenue.

At December 31, 2016, Atlanta Co. has a stock portfolio valued at $120,000. Its cost was $99,000. If the Securities Fair Value Adjustment (Available-for-Sale) has a debit balance of $6,000, which of the following journal entries is required at December 31, 2016?

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Property Overview – The median sales price for the South Atlanta area is $115,000. Nearby schools include Slater Elementary School, Price Middle School and Early College High School At Carver.

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