Jennifer has a retail clothing store that makes a net operating income (NOI) of $300,000.She originally purchased the property for $2,500,000 and places $500 a month into escrow for replacement reserves.She estimates the land value to be $400,000.She received a mortgage for $1,625,000.The payments each month include principal and interest during year two of $45,909 and $88,229 and during year one of $56,843 and $99,651 respectively.What is the depreciation for years one and two?

what does Jennifer pay in taxes year one and year two if her tax rate is 28%?

what does Kimberly pay in taxes year one and year two if her tax rate is 28%?