A property that produces an annual noi of 100000 was


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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Financial Management: A property that produces an annual noi of 100000 was
Reference No:- TGS01732913

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