| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION | 450 | 0 | 0 | 450 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| RESIDENTIAL HOME | 2020-01-01 | 373,803 | 13,593 | SL | 27.500000000000 | 13,593 | 13,593 | 0 | |
| RESIDENTIAL HOME | 2017-12-31 | 145,833 | 15,909 | SL | 27.500000000000 | 5,303 | 5,303 | 0 | |
| RESIDENTIAL HOME | 2017-01-01 | 140,000 | 20,364 | SL | 27.500000000000 | 5,091 | 5,091 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| RESIDENTIAL HOME | 373,803 | 27,186 | 346,617 | |
| RESIDENTIAL HOME | 145,833 | 21,212 | 124,621 | |
| RESIDENTIAL HOME | 140,000 | 25,455 | 114,545 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 750 | 0 | 0 | 750 |
| AIR CONDITIONER | 4,976 | 4,976 | 0 | |
| HOA | 836 | 836 | 0 | |
| REPAIRS | 1,413 | 1,413 | 0 | |
| HOA | 1,092 | 1,092 | 0 | |
| AIR CONDITIONER | 6,178 | 6,178 | 0 | |
| REPAIRS | 1,697 | 1,697 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INTEREST FROM NOTES RECEIVABLE | 6,021 | 6,021 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| VEHICLE REGISTRATION | 83 | 0 | 0 | 83 |
| PROPERTY TAXES | 3,297 | 3,297 | 0 | |
| PROPERTY TAXES | 1,220 | 1,220 | 0 | |
| PROPERTY TAXES | 3,166 | 3,166 | 0 |