bossert@ssc-vax.UUCP (John Bossert) (07/10/84)
I'm looking for a program that will take as input: a monthly mortgage expense, a monthly mortgage income (rental income), a depreciation factor, and a tax bracket factor, and will tell me the rent I have to charge on an apartment to break even. I am assuming that I can't charge the total cost of the mortgage, and am counting on depreciation to make up the difference. In addition, how does one calculate depreciation on property where one lived previously? I lived in my condo one year, and am looking to rent it now. How does depreciation work from this point? Please reply by mail, as I do not subscribe to these newsgroups. Thanks in advance. John P Bossert uw-beaver!ssc-vax!bossert -- John Bossert Boeing Computer Services Seattle, WA uw-beaver!ssc-vax!bossert