You purchase a house that you intend to rent out for $150,000. For taxation purposes, what will the cumulative depreciation be at the end of the 8^th year?

Assuming that you earn $120,000, what will the yearly and cumulative tax saving be for this investment? (Use the tax bracket table below)

What will the book value be at the end of the 8^th year?

Bracket	Rate
$1 to $18,450	10%
$18,451 to $74,900	15%
$74,901 to $151,200	25%
$151,201 to $230,450	28%
$230,451 to $411,500	33%
$411,501 to $464,850	35%
Above $464,850	39.6%

Capital gains will be levied at a 15% tax rate.

Real estate property will typically increase in value over time. You intend to sell the property in 8 years and estimate that the market value will be $200,000. What will you have to pay in taxes?

You purchase a house that you intend to rent out for $150,000. For taxation purposes, what will the cumulative depreciation be at the end of the 8^th year?

Assuming that you earn $120,000, what will the yearly and cumulative tax saving be for this investment? (Use the tax bracket table below)

What will the book value be at the end of the 8^th year?

Bracket	Rate
$1 to $18,450	10%
$18,451 to $74,900	15%
$74,901 to $151,200	25%
$151,201 to $230,450	28%
$230,451 to $411,500	33%
$411,501 to $464,850	35%
Above $464,850	39.6%

Capital gains will be levied at a 15% tax rate.

Real estate property will typically increase in value over time. You intend to sell the property in 8 years and estimate that the market value will be $200,000. What will you have to pay in taxes?