| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| DEFERRED FINANCING COSTS | 2021-02-04 | 20,745 | 1,326 | 30.0000 | 691 | 2,017 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 37 WASHERS, DRYERS RAILS | 2016-01-01 | 35,200 | 35,200 | 200DB | 5.0000 | ||||
| DOORBELL & DOOR ALARMS | 2017-05-30 | 1,409 | 1,409 | 200DB | 5.0000 | ||||
| OUTDOOR BENCHES | 2017-05-30 | 1,000 | 866 | 200DB | 7.0000 | 89 | |||
| EXTERIOR AWNINGS | 2017-05-30 | 3,035 | 2,629 | 200DB | 7.0000 | 271 | |||
| DOOR ACCESS SYSTEM | 2017-05-15 | 1,975 | 1,975 | 200DB | 5.0000 | ||||
| SECURITY ELECTRONICS | 2017-10-18 | 6,723 | 6,723 | 200DB | 5.0000 | ||||
| DOOR OPERATORS | 2017-10-18 | 5,985 | 5,985 | 200DB | 5.0000 | ||||
| EXTERIOR SIGN | 2017-11-03 | 8,060 | 6,982 | 200DB | 7.0000 | 719 | |||
| CARPETS & FLOORING | 2019-06-30 | 7,858 | 6,501 | 200DB | 5.0000 | 905 | |||
| SPRINKLER SYSTEM | 2019-05-20 | 3,800 | 3,144 | 200DB | 5.0000 | 437 | |||
| CARPETS | 2020-07-21 | 9,727 | 6,926 | 200DB | 5.0000 | 1,120 | |||
| HVAC ATTIC FAN | 2021-07-01 | 9,640 | 5,013 | 200DB | 5.0000 | 1,851 | |||
| AUTOMATIC DOOR SENSORS | 2021-09-01 | 5,140 | 2,673 | 200DB | 5.0000 | 987 | |||
| LAND | 2016-01-01 | 100,000 | |||||||
| BUILDING & IMPROVEMENTS | 2016-01-01 | 5,056,972 | 1,287,230 | S/L | 27.5000 | 183,890 | |||
| CARPETING/FLOORING | 2022-08-15 | 14,392 | 2,159 | 200DB | 5.0000 | 4,893 | |||
| CARPETING/FLOORING | 2022-12-31 | 9,966 | 498 | 200DB | 5.0000 | 3,787 | |||
| CARPETS & FLOORING | 2023-12-31 | 13,742 | 200DB | 5.0000 | |||||
| CARPETS & FLOORING | 2023-12-31 | 1,620 | 200DB | 5.0000 | |||||
| 10 YEAR SMOKE DETECTORS | 2023-12-21 | 4,607 | 200DB | 10.0000 | |||||
| 10 YEAR SMOKE DETECTORS | 2023-12-21 | 3,000 | 200DB | 10.0000 | |||||
| EXTERIOR CAMERA EQUIPMENT | 2023-12-31 | 7,704 | 200DB | 5.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MACHINERY & EQUIPMENT | 154,584 | 103,742 | 50,842 | 50,842 |
| BUILDINGS | 5,056,972 | 1,471,120 | 3,585,852 | 5,056,972 |
| LAND | 100,000 | 100,000 | 100,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 2,592,042 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NET INTANGIBLE ASSETS | 19,420 | 18,728 | 18,728 |
| SECURITY DEPOSIT | 63,763 | 68,198 | 68,198 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 1,210 | |||
| BAD DEBT | ||||
| INSPECTIONS | 935 | |||
| INSURANCE | 38,111 | |||
| MANAGEMENT FEES | 26,094 | |||
| OFFICE SUPPLIES | 4,546 | |||
| PAYMENT IN LIEU OF TAXES | 56,000 | |||
| REPAIRS AND MAINTENANCE | 50,005 | |||
| SALARIES | 60,560 | |||
| SMALL EQUIPMENT AND TOOLS | 8,664 | |||
| SOCIAL SERVICES | 4,366 | |||
| TELEPHONE | 9,980 | |||
| UTILITIES | 41,313 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL INCOME - NON-INVEST. | 589,407 | 589,407 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT SECURITY DEPOSITS | 63,763 | 68,198 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 25,285 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 5,583 |