| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 3,988 | 0 | 0 | 3,988 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND 387 7 1/2 ST | 2021-04-23 | 192,514 | L | 0 | 0 | 0 | |||
| BUILDING | 2021-04-23 | 190,980 | 25,754 | SL | 27.500000000000 | 6,945 | 0 | 0 | |
| RENOVATION COSTS | 2021-12-31 | 69,231 | 7,656 | SL | 27.500000000000 | 2,517 | 0 | 0 | |
| FURNISHINGS AND APPLIANCES | 2021-12-13 | 18,076 | 11,297 | SL | 5.000000000000 | 3,615 | 0 | 0 | |
| LAND 406 7 1/2 ST | 2021-07-07 | 403,542 | L | 0 | 0 | 0 | |||
| FURNISHINGS AND APPLIANCES | 2022-07-01 | 3,186 | 1,593 | SL | 5.000000000000 | 637 | 0 | 0 | |
| RENOVATION COSTS | 2022-07-01 | 23,050 | 2,060 | SL | 27.500000000000 | 838 | 0 | 0 | |
| FIXTURE | 2025-07-01 | 285 | SL | 5.000000000000 | 29 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND 387 7 1/2 ST | 192,514 | 0 | 192,514 | |
| BUILDING | 190,980 | 32,699 | 158,281 | |
| RENOVATION COSTS | 69,231 | 10,173 | 59,058 | |
| FURNISHINGS AND APPLIANCES | 18,076 | 14,912 | 3,164 | |
| LAND 406 7 1/2 ST | 403,542 | 0 | 403,542 | |
| FURNISHINGS AND APPLIANCES | 3,186 | 2,230 | 956 | |
| RENOVATION COSTS | 23,050 | 2,898 | 20,152 | |
| FIXTURE | 285 | 29 | 256 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 5,157 | 0 | 0 | 5,157 |
| UTILITIES | 8,857 | 0 | 0 | 8,857 |
| REPAIRS AND MAINTENANCE | 10,482 | 0 | 0 | 10,482 |
| CLEANING | 3,050 | 0 | 0 | 3,050 |
| SITE MANAGEMENT EXPENSES | 2,791 | 0 | 0 | 2,791 |
| OFFICE EXPENSE | 2,887 | 0 | 0 | 2,887 |
| SUPPLIES | 3,704 | 0 | 0 | 3,704 |
| ADVERTISING | 112 | 0 | 0 | 112 |
| MISCELLANEOUS | 300 | 0 | 0 | 300 |
| LANDSCAPING | 730 | 0 | 0 | 730 |
| Name | Address |
|---|---|
| KELLEY MACDOUGALL |
1665 GARTH GATE LANE CHARLOTTESVILLE,VA22901 |
| NATASHA LAWLER |
1665 GARTH GATE LANE CHARLOTTESVILLE,VA22901 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 6,196 | 0 | 0 | 6,196 |
| STATE CORP ANNUAL FEE | 25 | 0 | 0 | 25 |