| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING-1340 NW FLORIDA | 2018-05-04 | 252,800 | SL | 2.27 % | 5,746 | ||||
| BUILDING-4411 NE FLORIDA | 2018-10-12 | 316,000 | SL | 0.76 % | 2,395 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings | 568,800 | 8,141 | 560,659 | 560,659 |
| Land | 142,200 | 142,200 | 142,200 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| EQUITIES | AT COST | 310,000 | 250,770 |
| MUT FUNDS/CEF/UIT | AT COST | 939,142 | 890,550 |
| MUT FUNDS/CEF/UIT | AT COST | 148,812 | 139,997 |
| Description | Amount |
|---|---|
| RETREAT THE INVESTMENT IN MARRS SERVICES, INC. | 234,235 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ATTORNEY GENERAL FEES | 75 | |||
| BANK CHARGES | 780 | 390 | ||
| FILING FEES - FTB | 10 | |||
| INVESTMENT ADVISORY FEES | 8,113 | 8,113 | ||
| MISCELLANEOUS | 56 | |||
| PROFESSIONAL FEES | 3,775 | |||
| REAL ESTATE PURCHASE COST - 1340 FLORIDA | 1,584 | |||
| REAL ESTATE PURCHASE COST - 4411 FLORIDA | 873 | |||
| Rental Expenses | 40,405 | 40,405 |
| Description | Amount |
|---|---|
| ADJUSMENT FOR RECORDING DIVIDENDS | 430 |
| ADJUSTMENT FOR WASH SALE DISALLOWED LOSS | 2,660 |
| DISTRIBUTION FROM MARRS | 35,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SECURITY DEPOSITS - #1340 | 3,000 | |
| SECURITY DEPOSITS - #4411 | 2,850 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 414 | 414 | ||
| FTB INCOME TAXES FOR 2017 FORM 109 | 9,751 | |||
| FTB TAX | 950 | |||
| IRS 2017 FORM 990PF | 1,135 | |||
| IRS INCOME TAXES FOR 2017 FORM 990T | 20,230 | |||
| MISC. TAXES - NET | 126 |