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A property that produces an annual NOI of $150,000 was purchased for $2,500,000. Debt service for the year was $130,000 of which $100,000 was interest
A property that produces an annual NOI of $150,000 was purchased for $2,500,000. Debt service for the year was $130,000 of which $100,000 was interest and the remainder was principal. Annual depreciation is $64,100. What is the taxable income?
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Multifractal Financial Markets An Alternative Approach To Asset And Risk Management
Authors: Yasmine Hayek Kobeissi
1st Edition
1461444896, 978-1461444893
