| Category | Amount |
|---|---|
| NONE | 0 |
| 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 1216-1220 E. CONCORD | 2005-06-23 | 659,245 | 244,942 | SL | 39.000000000000 | 16,904 | 16,904 | ||
| LAND 1216-1220 E CONCORD | 2005-06-23 | 244,805 | 0 % | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING 1216-1220 E. CONCORD | 659,245 | 261,846 | 397,399 | |
| LAND 1216-1220 E CONCORD | 244,805 | 0 | 244,805 |
| Item No. | 1 |
|---|---|
| Lender's Name | RICHARD E BOSSERMAN |
| Lender's Title | |
| Relationship to Insider | DIRECTOR |
| Original Amount of Loan | 913,630 |
| Balance Due | 913,630 |
| Date of Note | 2005-06 |
| Maturity Date | |
| Repayment Terms | DEMAND |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | REAL ESTATE MORTGAGE CONCORD |
| Purpose of Loan | PURCHASE CONCORD PROPERTY |
| Description of Lender Consideration | CASH |
| Consideration FMV |
| Description | Amount |
|---|---|
| CORRECT PRIOR YEAR | 102,211 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MAINTENANCE | 5,383 | 5,383 | 0 |
| Name | Address |
|---|---|
| RICHARD E BOSSERMAN |
1701 SPRING LAKE DRIVE ORLANDO,FL32804 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 6,369 | 6,369 | 0 |