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Ledgerline clients Wasatch Ridge Homes
Homes in progress
S corporation · UT · tax year 2026 · Lehi, UT · contact Jared Holm, CFO
Cost to date for every home, lot and building: the work-in-progress view QuickBooks Online doesn't have. Homes you set up as QuickBooks customers or jobs show up here when you drop a QuickBooks export. There is nothing extra to type.
Cost to date
as of 2026-10-26
| Home or project | Status | Sell or keep | Land | Construction | Soft costs | Loan interest | Total | Stays in inventory | On the Jan 1 tax roll |
|---|---|---|---|---|---|---|---|---|---|
| Juniper Hollow (24 for-sale homes) 24 units · Project list (sample data) | Sold | Sell | $2,400,000 | $7,300,000 | $820,000 | $310,000 | $10,830,000 | No | No (sold) |
| Foothill rentals (4 unsold specs kept as rentals) 4 units · Project list (sample data) | Finished, rented or in use | Keep (rental) | $520,000 | $1,280,000 | $140,000 | $60,000 | $2,000,000 | No | Yes, 2027 |
| Sage Flats lots (40 lots) 40 units · Project list (sample data) | Under construction | Sell | $3,100,000 | $2,200,000 | $260,000 | $90,000 | $5,650,000 | Yes | Yes, 2027 |
| Total, 3 projects | $6,020,000 | $10,780,000 | $1,220,000 | $460,000 | $18,480,000 | ||||
"Stays in inventory": homes you sell keep their costs on the books until the sale, which drives the inventory cost rules. "On the Jan 1 tax roll": anything you still own on January 1 is assessed for that year's property tax, finished or not.