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Despite rising interest rates and lower farm income, Iowa farmland values averaged a record $11,835 this year, an Iowa State University survey shows Iowa farmland values climb 3.7% in 2023 ...
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If the lessor gives the lessee a cash allowance for improvements, this is treated as a reduction of rent and amortized over the lease term. Lease Bonus: Prepayment for future expenses. Classified as an asset; amortized using the straight-line method over the life of the lease. Rent Kicker, or Percentage Rent: Common in retail store leases.
Iowa State University of Science and Technology (Iowa State University, Iowa State, or ISU) is a public land-grant research university in Ames, Iowa, United States.Founded in 1858 as the Iowa Agricultural College and Model Farm, Iowa State became one of the nation's first designated land-grant institutions when the Iowa Legislature accepted the provisions of the 1862 Morrill Act on September ...
In this case the actual rental period is 13 months. If the lease rate is $1,500/month, the so-called face rent, then the total rent paid by the tenant will be 1,500 x 12 = $18,000. Over the 13-month period, this means the net effective rent is $1,385/month. Similar tenant inducements are often applied to large retail and industrial units as ...
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Iowa proposes summer grocery boxes as alternative to direct cash payments for low-income families. ... which would have cost an estimated $2.2 million in Iowa, the state said last year.
Iowa State is the home of the first elevated steel water tank west of the Mississippi River. Named the Marston Water Tower, it was erected in 1897 under the supervision and design of Anson Marston and his assistant Elmina Wilson. [7] The water tower was constructed due to a severe water shortage in 1895 that forced cancellation of classes.