| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 6,900 | 6,900 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| RIDGE ROAD - BUILDING | 2024-05-01 | 89,845 | 16,199 | SL | 27.500000000000 | 3,267 | 3,267 | ||
| RIDGE ROAD - LAND | 2024-05-01 | 20,000 | L | 0 | 0 | ||||
| RAPIDAN RIVER RD - BUILDING | 2024-05-01 | 265,000 | 34,129 | SL | 27.500000000000 | 9,636 | 9,636 | ||
| RAPIDAN RIVER RD - LAND | 2024-05-01 | 40,000 | L | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| STATE FARM | 2,895,220 | 2,590,164 |
| BENJAMIN EDWARDS | 359,002 | 408,178 |
| GLOBAL NET LEASE | 24,043 | 9,353 |
| CHARLES SCHWAB | 1,863,049 | 2,176,447 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| RIDGE ROAD - BUILDING | 89,845 | 19,466 | 70,379 | 70,379 |
| RIDGE ROAD - LAND | 20,000 | 0 | 20,000 | 20,000 |
| RAPIDAN RIVER RD - BUILDING | 265,000 | 43,765 | 221,235 | 221,235 |
| RAPIDAN RIVER RD - LAND | 40,000 | 0 | 40,000 | 40,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ATTORNEY FEES | 210 | 210 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER | 3,968 | 3,968 | 0 | |
| INSURANCE | 933 | 933 | 0 | |
| REPAIRS | 975 | 975 | 0 | |
| INSURANCE | 1,105 | 1,105 | 0 | |
| ASSOCIATION DUES | 110 | 110 | 0 | |
| REPAIRS | 6,012 | 6,012 | 0 | |
| UTIITIES | 131 | 131 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| STATE FARM DISTRIBUTIONS | 735,010 | 0 | 735,010 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 2,142 | 2,142 | 0 | |
| REAL ESTATE TAXES | 1,391 | 1,391 | 0 | |
| REAL ESTATE TAXES | 1,571 | 1,571 | 0 |