Currently about $16 to $16.50 U.S.
There's an article at the link below that talks about depreciation on real estate in general. As far as depreciating for your tax return the value doesn't really have much to do with it other than in figuring out how much of your initial total purchase price went to land vs. Building(s). As the first answerer said, … Read more
Actually you can - sort of. I'm assuming you bought the property "subject to" the existing loan? If so there should be a quit claim deed to you. The bank will still send the interest info to the person on the note but as long as they don't try to claim the interest as well you shouldn't have … Read more
There are calculators for that but the easy way is to take a common mortgage calculator and punch in the figures you gave. This comes out to $620.24 per month. After 10 years (120 payments) you'll have a balance of $53,418.78. That'll be your balloon. There's no additional interest as each monthly payment between now and then is the … Read more
Do you mean like if you sold the house "subject to"? Not sure what you mean. Some people sell their houses "subject to" the existing mortgage meaning (roughly) that the new owner is taking over your existing mortgage. You'll get the interest paid info in the mail but your buyer can take the deduction as long as you … Read more
$471.78 a month. You can do more examples at
http://easyrentaltools.com/tutorials/mortgage-calculator-1.cfm
A cubic ft is ft x ft x ft for a rectangle so is easy to take the dimensions of something boxy and get the cubic ft. You're asking the reverse. You know how many cubic ft (right?) and want to know the dimensions. Unfortunately that's impossible because we don't know the shape (square, rectangle, round, etc). Did you mean … Read more
When you buy carpet for a rental it is depreciated over 5 years provided the carpet is not glued down as to make it permanent. You can use the calculator at http://easyrentaltools.com/tutorials/appliance-depreciation-calculator.cfm to see the amounts. The calculator says "appliances" but works just as well for carpets as they're both 5 year items. … Read more
