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T Rental Income /Loss Line 22 1 2. Depreciation Line 20 2 3. Amortization/Casualty Loss/One-Time Expenses Line 18 3 4. Insurance* Line 9 4 5. Mortgage Interest Line 12 5 6. Taxes* 7. Total Adjusted Net Line 16 Total lines 1 thru 6 (above) 6 7 8. Total Adjusted Net Income (Loss) Both Years Add Totals (both columns) line 7 (above) 9. # of Months Rental Income/Expenses Reviewed** Months of information in tax returns 10. Subtotal Average Income (Loss) For This Property Divide.

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