Florida Math Guide
MathGuideFloridaMath GuideCourseConceptFormulaAdjusted basis (investment property)Basis + Cost of improvements + Qualified closing costs Realized depreciation = Adjusted basis (investment property)Adjusted basis (primary residence)Basis + Cost of improvements + Qualified closing costs = Adjusted basis (primary residence)Annual interest formulaPrincipal x Interest rate = Annual interestAsking priceTotal square footage x Price per square foot = Asking priceBuildable lots per tract43,560 sq. ft per acre x percent available for lots = sq. ft available for lots per acre Sq ft available for lots per acre x number of acres in tract = total available sq.
Asking price Total square footage x Price per square foot = Asking price Buildable lots per tract 43,560 sq. ft per acre x percent available for lots = sq. ft available for lots per acre Sq ft available for lots per acre x number of acres in tract = total available sq. ft Total available sq. ft / minimum sq. ft per lot = number of buildable lots
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