HP 12c Platinum Reference Manual page 20

20 Real Estate
This program uses declining balance depreciation to find the amount of depreciation from
purchase to sale. This amount is used to determine the excess depreciation (which is equal
to the amount of actual depreciation minus the amount of the straight line depreciation).
The Marginal Tax Rate (MTR) that the user inputs is applied to this excess depreciation.
The Capital Gains Tax Rate (CGTR) that the user inputs is applied to the capital gain
from purchase to sale less the expenses of sale (i.e. the NCPR or Net cash Proceeds of
Resale), plus the straight line depreciation.
The user may change to a different depreciation method by keying in the desired function
at line 026 (ALG: 029) in place of f#.
In addition the user may nullify the straight line depreciation by keying in a 0 at line 035
(ALG: 039) in place of fV. This means that all of the actual depreciation from
purchase to sale is then treated as "excess" or unrecaptured depreciation. This is
illustrated below in Example 2.
12c platinum / 12C
RPN KEYSTROKES
fs
fCLEARÎ
gÂ
?2
gA
d
b
-
?0
~
-
:7
b
?1
:P
fB
P
M
?+0
fCLEARG
:3
$
:4
n
:5
¼
:2
f#
d
DISPLAY
000,
8 gÂ
001, 43
2 ?2
002, 44
11 gA
003, 43
33 d
004,
25 ~
005,
30 -
006,
0 ~
007, 44
34 b
008,
30 -
009,
7 ?0
010, 45
25 ~
011,
1 §
012, 44
14 :7
013, 45
14 ³
014, 42
14 ?1
015,
15 :P
016,
0 fB
017,44 40
34 P
018, 42
3 M
019, 45
13 ?+0
020,
4 fCLEARG
021, 45
11 :3
022,
5 $
023, 45
12 :4
024,
2 n
025, 45
25 :5
026, 42
33 ¼
027,
12c platinum
ALG KEYSTROKES
fs
fCLEARÎ
DISPLAY
000,
001, 43 8
002, 44 2
003, 43 11
004, 33
005, 34
006, 30
007, 34
008, 25
009, 30
010, 44 0
011, 34
012, 20
013, 45 7
014, 36
015, 44 1
016, 45 14
017, 42 14
018, 14
019, 15
020,44 40 0
021, 42 34
022, 45 3
023, 13
024, 45 4
025, 11
026, 45 5
027, 12