Form M-R - Wisconsin Manufacturing Real Estate Return - 2013 Page 10

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2013
10
Page
Name
SCHEDULE R-2 – REMODELING INCLUDING
CONSTRUCTION IN PROGRESS
State Identification Number
R
Local Parcel Number
WHAT TO REPORT:
AND/OR
The intent of this schedule is to identify changes
to existing structures.
EXAMPLE
State in detail the nature of the remodeling proj-
“In the office area, we replaced the carpeting and painted the walls and ceiling.
ect and the building where the remodeling took
We added a lunch room behind the current office. The new lunch room has vinyl
place. State, when applicable, the effect on square
tile floor, painted concrete block walls, and acoustical ceiling. The new lunch
footage to the office, plant, and warehouse.
room takes up 800 square feet that previously was production area. Project
Include any remodeling that was expensed rather
cost was $18,000. My opinion of the effective increase in value is $9,000.”
than capitalized.
Estimated
Description
Cost
Effective Increase in
Value
Total Cost
In your opinion, what was the total effective increase in value to the property as a result of these changes?
(Enter this amount on Schedule B, Line 2) If Total Cost is different than the amount on this line, please attach an explanation.
For Department Use Only

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