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Business, 05.11.2021 14:00 gungamer720

A property that produces an annual NOI of $100,000 was purchased for $1,200,000. Debt service for the year was $95,000 of which $93,400 was interest and the remainder was principal. Annual depreciation is $38,095. What is the taxable income

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A property that produces an annual NOI of $100,000 was purchased for $1,200,000. Debt service for th...
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