Old Field Vice Case Summary

After our meeting and analyzing the facts and figures available thoroughly, I came across the following short term as well as long term issues:

BEING the same premises conveyed to the Grantors herein by deed of Mo Wells, et al., dated May 3, 1964, and recorded in the Lackawanna County Recorder of Deeds in Deed Book 810 Page 233.

An old home sat on what is now Lots 32-33. The Browns kept horses on the east side of the property. Located nearby was a circa-1951 horse barn and a water tower for the citrus groves. Mr. Brown also dug out a large pond near clumps of cypress trees.

AmeriSouth argued that cost-segregation study allocates $65,381 of Garden House's depreciable basis to “site preparation and earthwork,” depreciable over 15 years as a land improvement is allowable because it is a “site development,” but nowhere does it describe what work is included in this category. On the other hand, the Commissioner's expert claims that work papers show the expenses relate to the initial clearing and grubbing (i.e., tree removal) of the land which occurred before the apartments' construction in 1970.

This letter is in response to your request for us to review regarding Britney family and Mona tax situation. Our conclusion are based on the facts as outline in your October 27 letter. If there are any changes in the facts, there may be affects our conclusions.

John Root presented a conditional use land division located at approximately 3025N 3400E. John Jesser wants to split approximately 2 acres from his 180 acre parcel to sell to the owner of Lot 16, Cottonwood Heights Subdivision. Commissioner Davis made a motion to approve the conditional land use division with the following condition:

This particular property is one of the most unique places you can find in southern Indiana. The ranch is approximately 120 acres in size and has a 25 acre, 9-hole par-3 golf course that is surrounded by a grape vineyard that sits closer to the main lodge on the property. There are four main facilities on the property total. These facilities include a main lodge which is a fully restored and

On the evening of January 5, 1993, Tracie Reeves and Molly Coffman, both twelve years of age and students at West Carroll Middle School, spoke on the telephone and decided to kill their homeroom teacher, Janice Geiger. They agreed that Coffman would bring rat poison to school the following days so that it could be placed in Geiger 's drink. After that , they would steal Geiger 's car and drive to the Smoky Mountains. On the morning of January 6, Coffman placed a packet of rat poison in her purse and board the school bus. Coffman told another student, Christy Hernandez, of the plan and show her the poison. Hernandez went and informed her homeroom teacher, Sherry

In 2003, Tolman Sr. retained Grenier to assist in the sale of his property located at 175 Central Street, Georgetown, MA. Tolman Sr. purchased the land in 1960, and in 1996 he granted an easement on the property to a neighbor in order to “use, maintain, and repair an existing” septic leaching field on his property. The property has many issues as a result of this septic system and its lack of inspection of, as well as its proximity to conservation and wetlands. It appears that Tolman Sr. had been trying to sell this piece of land since at least 2003, and even received an offer of $215,800 from one prospective buyer in 2006; however that sale fell through when Tolman Sr. could not agree on the terms of repayment with the buyer.

I have identified more key points to add to my original entry. As I explained, the key points i

After analyzing the numbers and the market and property factors involved with Shady Trail, it is my opinion that this property is a reasonable one to invest in. It meets the criteria we had previously set forth in choosing an investment property as both the IRR and the current cash flows are in excess of the minimum we mandated. These numbers require that the assumptions we use in market rent, cap rate in 2003, vacancy rate, and our plans to sell the investment after 5 years all hold. If one of these assumptions doesn’t hold and the 5-year projection is below expectations, it can still be remedied by holding the asset for a longer time period.

Through all of the technical information, one looses the sense of urgency when reading the memo. It does not seem that any points were strongly stressed in the letter. The author did state what action needed to taken, but there was not emphasis placed on the urgency.

I would like to thank you for taking your time to read this letter and I am looking forward to hearing your response regarding taking this issue further overall.

Good evening. Thank you all for attending Friday’s meeting. Please click here to find the meeting notes. Also, below is a summary of the items discussed:

This memo will explore the options I briefly discussed in the previous memo, in order to find a solution to this problem. Each option will be assessed based on the same criteria. The options to consider are: