| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Rental Property | 2024-01-04 | 268,429 | 9,761 | Mid-Month Convention | 27.500000 | 9,761 | 9,761 | 9,761 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 2,433,928 | 0 | 2,433,928 | 2,433,928 |
| 1225 SW 28 Terrace Fort Lauderdale FL 33312 | 254,324 | 19,112 | 249,316 | 268,428 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ROUNDING | 1 | 0 | 0 |
| ESCROW | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Fees | 30 | 30 | 30 | 30 |
| Fundraisers | 10,424 | 10,424 | 10,424 | 10,424 |
| Insurance | 3,302 | 3,302 | 3,302 | 3,302 |
| Office Supplies | 163 | 163 | 163 | 163 |
| Description | Amount |
|---|---|
| Prior period adjustment | 813,780 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll Taxes | 5,289 | 5,289 | 5,289 | 5,289 |