I have checked the PDF and found no calculation worksheet.
Manually: $759,000 cost of original purchase x 3.636% = 27,597.24.
27597.24 X 5 full years rented is 137,986.20
1st Year rented is 6899.31
Last Year rented is 11,498.85
These total figures (137,986.20 + 6899.31 + 11,498.85 = 156,384.26)
Now, do I deduct the 156,385 from the original purchase price of 759,000 to come up with the Adjusted Basis? this would be 602,615.
(I realize I have not added in capital improvements or the costs to buy or sell the property yet)
