Property Information Work Sheet

 

If you are interested or have a question on your property in regards to: Selling, Refinancing or is it a good time for you to Exchange your property for a higher value and use your Equity for IRS 1031 exchange form in your next upgrade, please fill out the form below remember, Following Information is necessary to complete our calculation please answer all the questions which applies towards your property. The more information completed on this form, the more complete and professional your output report will be.

 

Property Information

 
1. Property or Project Name:
 
2. Subject Property Address, City, State, Zip
 
3. Assessors Parcel Number OR APN# on your property
 
4. Property Type:
 
5. Owner/s Name:
Owner/s Mailing Address:
Owner/s Telephone #:
Owner/s E-mail Address:
 
6. Marginal Income Tax Bracket - Fed:
 
7. Marginal Income Tax Bracket - State:
 
8. Capital Gains Tax Rate - Fed:
(For Year 2004 is about 15%)
 
9. Capital Gains Tax Rate - State:
(Usually answer to this question is the same number placed for question #7)
 
10. Recapture - Tax Rate - Fed:
(For year 2004 is about 25%)
 
11. Original Property Tax Basis on Building & Land:
(You can find this number in your Tax Return or Depreciation Schedule section)
(Loan + Loan fees + Building + Land)
 
12. Current Adjusted Basis on Building & Land:
(You can find this number in your Tax Return or Depreciation Schedule section)
(Loan - All Depreciations + Building + Land)
 
 

Property - C Data (Current Property Owned by Client)

13. Value of Current Property:
(Usually will be given by Sean Daryani after market analysis, so you can leave it blank)
 
14. Net Rentable Sq. Ft.:
 
15. Number of Units:
 
16. Gross Schedule Income per mo. (G.S.I):
 
17. Other Income per Mo. (CAM's, Laundry, Vending Machines, Garage, etc.):
 
18. Appreciation Factor per yr - Income:
 
19. Vacancy & Bad Credit % of G.S.I:
 
20. Operating Expenses per year:
(Please note Operating Expenses do not include depreciation, Vacancy, Capital Expenses, etc.)
 
21. Apperciation Factor per yr. for Operating Exp.:
(This number is assumption and if you don't have the answer, this line can be filed by Sean Daryani)
 
22. Projected Cap Rate at time of Sale:
(If you dont have the answer, this line can be filed by Sean Daryani)
 
23. Projected GRM at time of Sale:
(If you dont have the answer, this line can be filed by Sean Daryani)
 
24. Loan 1 Amount:
 
25. Loan 1 Interest Rate:
 
26. Loan 1 Due Date in Years:
 
27. Loan 2 Amount:
 
28. Loan 2 Interest Rate:
 
29. Loan 2 Monthly Payments:
 
30. Loan 2 Due Date in Years:
 
31. Depreciation Amount per yr.:
(Can be obtained from client's income tax return, Schedule E or Depreciation Schedule)
 
32. Years of Depreciation remaining:
(Can be obtained from client's income tax return, Schedule E or Depreciation Schedule)
(Take the Total Depreciation and divide it to the current year depreciation's amount, then round off the answer and subtract the answer from total years.)
  

      

 
The following information and calculations provided by Sean Daryani & Team is based on the written and verbal information provided by the prospective seller and or listing broker, as of the date of this document. Any and all prospective clients are strongly advised by Sean Daryani & Team to employ a professional Legal advice and professional Tax consultant for their final acceptance and verification of given information by Sean Daryani & Team prior to entering into any and all written agreements or contracts.