Case study
2. After years of good performance. Happy homes
apartment building was sold in 2002 for $20, 00,000 and the
new owners refurnished all apartment units. In 2003 the
apartment building was re-opened. Please analyse the income
statement below and explain the income trends. The building
has 1600units was built in 1971, and the current loan
balance is $16,395,772.
Period ended
Statement classification (wi) 31/12/06
31/12/07 31/12/08 31/12/09

Occupancy 95%
90% 92% 95%

Base rent $1,100,000
$990,000 $950,000 $990,000
Laundry vending $12,000
$11,000 $11,000 $30,000
Parking income $42,000
$40,000 $41,000 $60,000
Other income $3,000
$8,000 $21,000 $20,000

Effective gross income $1,157,000
$1,049,000 $1,023,000 $1,100,000


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Law AllOther Interview Questions

what type of questions do i expect in a law officer interview?

3 Answers  


Sir, My client A is doing job work on piece rate basis for B a establishment in Baddi in Himachal Pradesh and .His labour are working in Baddi Himschal Pradesh. and the payment was made to A after confirmation from the Quality confirmation department of the establishments and calculated on piece rate basis. Here B is exempted from excise duty from Excise. A has done work up to Feb, 2016t , 2009 nearly Rs15 - 20 lacs in total up to date . he is not charge any Service Tax. Pls advice in this case service tax is exempted if job work is done in excise exempt unit. Pls confirm in this case service Tax is exempted or not. If not exempted the then what amount b has to pay service tax.

0 Answers   ABC,


What is the Difference between Excise & Cenvat

0 Answers  


if any employees "basic+ da" is more than 6500, then, it is mandatory for employer for epf deduction?

0 Answers  


What you think about Protection of Women from Doemstic Violence Act, is it in favour of women or is it patial law?

0 Answers  






WHICH INCOME TO SHOWN UNDER THE HUF HEAD FOR INCOME TAX PURPOSE AND HOW TO CREATE HUF

0 Answers  


who is the first law officer of government of india ?

0 Answers   Baidu,


need and significance of labour audit in corporate sector

2 Answers  


Is divorce in shia imami ismaili community valid by indian court of law . How do we get the degree of divorce from the court . plz.reply . thank you .

2 Answers  


How many form used in sales tax in u.p.

0 Answers  


Are prosecutors and public defenders part of the Judicial Branch?

1 Answers  


My company registration is from Mumbai. I have import the good at Chennai port. Now I can sell in Chennai trader in 2% CST OR what is processed to sell the goods of import.

0 Answers   Presinox Impex,


Categories