Assumptions:
* 27.5 yr straight line depreciation, deduction
may be limited with high gross income.
Depreciation is based on the value of the home
without the land. In this calculation
we are allocating 10% of the purchase price
to the land and the remainder to the residence.
** 2001 Federal Filing Status Single (most
conservative tax rate) Keep in mind that
your tax deduction may also be limited with
an adjusted gross income over $100,000.
See your tax advisor for details.
These
calculators are intended to be used for estimated results
and comparisons only.They also do not represent an offer of financing. Many unique factors will affect
your personal financial transactions. PSHotProperties.com™
does not guarantee the accuracy of these tools.