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Would you please explain what is "owner's equity"to me please. i got confused...

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Would you please explain what is "owner's equity"to me please. i got confused...

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  1. For example

    You own a house worth $500,000 with a loan of $280,000 therefore you have an owner's equity of $220,000


  2. If you mean for a business, it is simply the difference between total assets and total liabilities.

  3. Fair Market Value - current loan obligation = owner's equity.

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