Yeah it’s a hole straight through. Stupid idea. Could do the stainless plug. Probably smart to take care of it right like Jon mentioned.

Love > Jefferson everyday

TheFamousGrouse wrote:

<div class=”d4p-bbt-quote-title”>CaptainMusky wrote:</div>
Maybe commercial property is different than residential…

It is.

First of all, as an officer of a legal entity like a corporation, you have a legally binding obligation not to commit fraud. And you sign a lot of paperwork that acknowledges this obligation and what the penalties are if you break it.

Weather or not that fraud, in your opinion, actually harmed another person or entity is not material. You are legally required not to engage in fraud, full stop.

Businesses are different from personal finance. Legal business entities have a long list of legal obligations that they must adhere to and they agreed to do this because of the legal protections that these entities are afforded in return. The integrity of our system of business and how those businesses are governed and protected relies on this adherence.

Secondly, the value of commercial property has as much to do with the owners business plans and future plans as it has to do with the current state of the property. For example, I may own an older apartment complex full of working class tenants and say it’s currently valued at $5 million. But what if I tell you I have plans to bulldoze the whole complex and turn it into a gated community of luxury homes within 3 years? What’s the value now? Most would say a lot more because of these plans. But of course I cannot commit fraud by making up these future plans that I have no intention of executing just to increase your perception of value. Again, material misrepresentation is fraud.

You can’t justify fraud by turning around and saying well the other party didn’t catch me at it or wasn’t harmed by it so it doesn’t matter.

Banks big enough to finance these properties aren’t looking at “stated plans” to base their lending decisions off. They are looking at current & prospective cash flow which, along with Cap rates, drive property values.

When you finance commercial real estate there are various add-backs to cash flow that are either deemed non-cash or nonrecurring items that are used to lower your taxable income. When those expenses are added back, the appraised value gets inflated because you are increasing your NOI – appraised value is your NOI divided by the Cap Rate. For instance, if you are running NOI of $500,000 and a Cap Rate of 5% your income cap value is roughly $10,000,000. So what I assume the prosecutor is trying to prove is that the income statement was including deductions that went above and beyond the tax code to avoid income taxes. On the financial statements, the corporations are saying those subject expenses were non-cash or nonrecurring and should be added back to the cash flow for a higher property value. That’s where you get different “stated” values.

Appraisals get too much credit & reliance when in reality it’s just a point-in-time value.

The strangest thing I’ve seen was the first time I witnessed Starlink going across the night sky this summer.

Comments were spot on. Changed the relay and no issues. Thank you

Youbetcha wrote:

Old thread but where did you end up going? Looking into a replacement.

Place in Chippewa Falls that was bought by American Marine. They did a great job

It’s the pre-collision assist. I would try washing the truck first – might be just the camera is dirty.

This is what I have for musky fishing.

Knipex Hook Cutters

I can send you a picture of my wiring diagram if you’d like. I believe I still have the instructions in the box at home.

It’s probably to protect the paint.

Wing Haven is a cool place out in the country. They have brick oven pizza, live music and games on a farm setting. Grandads Bluff is worth seeing. Perrot State Park has a ton of trails to hike in Trempealeau.

Per Iowaboy recommendation I switched between muffs and top-down water. Whatever was lodged in their Brooke free and I didn’t have to dig into it any farther. I’m guessing I picked something up in the shallow. Thanks for the responses I appreciate them all.

Thank you for the replies I appreciate it. Iowaboy has also been a big help. I’ll report back later tonight or tomorrow if I get it figured out.

Best bet is probably Pettibone or Goose Island.

Get a couple goldfish. They will help put good bacteria in the filter menus and keep the water healthy

I’m only speaking for myself but when I fish live bait I’m typically targeting fewer bites but larger fish. This is especially true come post-spawn when fish want a lazy meal. Another factor is size of a spot where it wouldn’t be conducive to make long trolling runs.

No sale – boat is available

Sale pending

isu22andy wrote:

What did it cost for the transom replacement if you don’t mind me asking !

$3,000 I think it was

It was a perfect first “big boat” for me. Never had any issues and you can take it out on pretty much any water.

Memory that will always stick with me – taking my first musky hook to the hand unhooking my first tiger.

Best fishing success was a 47.25 and 44.5 within an hour of each other on a mid Wisconsin lake.

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But I thought all the walleye were skinny?

What do you think makes Mille Lacs such a big fish factory?

Quick snap and 6-8” behind the first.

I’ll bet you can find them online

This is by far the best post to follow all year. It’s like a roller coaster turnout having to spend money on a ticket 😂

Probably throw them back in warm water months.

Def Leppard, Boston, Eagles, Scorpions (80s version)

Victory is Head and shoulders above the Avid

My top 3 QB’s would be in this order. Allen, Burrow & Herbert.

After the top couple RB’s, they really drop off. I would try to get a RB with your first pick (Mixon/Cook/Harris). Allen is the only QB I would be willing to draft early but probably not 1st round.