Hi, your videos are amazing keep it up! I am from dubai, just started my work 2 weeks ago 🙈I have a quick question, the owner of the company I am working for wants to include his personal properties in the company assets, so I suggest he leases these prop to the company (financial leases). But actually he doesn't want to pull out any money from the business, so I am thinking to capitalize these properties as a contribution since already income rent and exp of these properties are received/paid by the company. Is there a way to consider it a contribution without changing ownership title ? Only by making an engagement that rent for exp of 30 years will be received by the company which is higher than Fv
Hi, your videos are amazing keep it up!
I am from dubai, just started my work 2 weeks ago 🙈I have a quick question, the owner of the company I am working for wants to include his personal properties in the company assets, so I suggest he leases these prop to the company (financial leases). But actually he doesn't want to pull out any money from the business, so I am thinking to capitalize these properties as a contribution since already income rent and exp of these properties are received/paid by the company. Is there a way to consider it a contribution without changing ownership title ? Only by making an engagement that rent for exp of 30 years will be received by the company which is higher than Fv