Please tell me what I have done wrong and how to fix it I'm pulling my hair out.
Data is on tab 2.
Property valuation final assignment.xlsx
Please tell me what I have done wrong and how to fix it I'm pulling my hair out.
Data is on tab 2.
Property valuation final assignment.xlsx
The gross income (K4, etc - 46,800) is less than thee mortgage payment (K17, etc, $58,257.19), so the net income is NEGATIVE (K21, etc, -$24,461.66). Your equation in K22 etc, states that no tax is payable on income of 0 or less, so all cash flows are negative and the same.
Check income & mortgage payments.
BUT DON'T TELL THEGOVERNMENT. They might think it's a good idea to tax people on negative income.
Glenn
None of us get paid for helping you... we do this for fun. So DON'T FORGET to say "Thank You" to all who have freely given some of their time to help YOU
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks