| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE | 1,750 | 1,750 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| REMODEL | 2015-01-01 | 28,305 | S/L | 27.5000 | 986 | 986 | |||
| APPLIANCES | 2015-02-01 | 5,248 | S/L | 27.5000 | 167 | 167 | |||
| HVAC | 2015-03-04 | 3,209 | S/L | 27.5000 | 92 | 92 | |||
| NEW FLOORING | 2015-03-28 | 5,500 | S/L | 27.5000 | 158 | 158 | |||
| SIX BATHTUBS | 2015-04-05 | 4,500 | S/L | 27.5000 | 116 | 116 | |||
| NEW WINDOWS | 2015-05-09 | 20,000 | S/L | 27.5000 | 455 | 455 | |||
| FURNACES | 2015-05-21 | 10,500 | S/L | 27.5000 | 239 | 239 | |||
| SIX KITCHEN CABINETS | 2015-05-29 | 11,900 | S/L | 27.5000 | 270 | 270 | |||
| BATHROOM RENOVATIONS (NEW TOILETS) | 2015-06-05 | 1,200 | S/L | 27.5000 | 24 | 24 | |||
| BATHROOM RENOVATIONS (NEW VANITIES) | 2015-06-14 | 3,500 | S/L | 27.5000 | 69 | 69 | |||
| NEW CIRCUIT BREAKERS (SIX NEW) | 2015-09-05 | 9,800 | S/L | 27.5000 | 104 | 104 | |||
| BUILDING | 2007-10-12 | 170,000 | 31,421 | S/L | 39.0000 | 4,359 | 4,359 | ||
| RENOVATIONS | 2014-12-22 | 9,100 | 14 | S/L | 27.5000 | 331 | 331 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SECURITIES | 2015-01 | PURCHASE | 2015-12 | 9,606,017 | 10,311,664 | -705,647 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| RENTAL PROPERTY |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FIDELITY | FMV | 477,110 | 477,110 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEE | 35,000 | 35,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RESIDENTIAL RENTAL PROPERTY | ||||
| BANK CHARGES | 269 | 269 | ||
| EXPENSES | ||||
| BROKER FEES | 345 | 345 | ||
| BANK CHARGES | 62 | 62 | ||
| REPAIRS | 15,879 | 15,879 | ||
| UTILITIES | 1,668 | 1,668 | ||
| CLEANING | 128 | 128 | ||
| MANAGEMENT FEE | 1,721 | 1,721 | ||
| TRASH REMOVAL | 3,664 | 3,664 | ||
| ADVERTISING | 111 | 111 |
| Description | Amount |
|---|---|
| PPA | 400,122 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMISSION | 725 | 725 |