In response to Carl:
I am simply trying to understand what to enter for the sale of assets such as the structure, windows, or garage doors. They have been depreciated for years and are clearly not listed separately on the HUD statement. So where do the amounts come from that are to be entered when they are sold?
The logic for allocating the sales price across all assets eludes me. Surely the value of the apartment is far more than the separate assets of structure, windows, garage doors, and finance costs. Any light you can shed on this would be appreciated.
