30. A multiple family property has the following cash flow information for the first year: NOI=$50,000, Annual Debt Service=$25,000, Depreciation = $7,500, Interest Payment = $21,315. Which of the following statement is not true?

Select one:

A. The Taxable income for this property is negative in the first year.

B. This property does not enjoy deep tax shelter.

C. The annual depreciation is larger than annual amortization in the first year.

D. This property enjoys tax shelter.

29. An office building is expected to generate the following income in the first year: NOI=$15,000, Depreciation = $1,500, BTCF from operation = $6,000, ATCF from operation = $4,500. The initial investment (acquisition price) is $150,000 and the investor will finance the purchase with a fixed-rate mortgage loan of 120,000 at 10% interest rate for 30 years. What is the Equity Dividend Ratio?

Select one:

A. 25%

B. 50%

C. 20%

D. 15%