Housing

Housing (Everyone will rent this project) Determine the size (# of bedrooms, # of bathrooms, square footage, etc) needed and wanted for your household Use the Internet to find a place that meets your requirements for your family and matches the area you are going to live. Provide proof or documentation of your research that shows the cost, size, and location of your home. Take a screen shot (apple+shift+4) of the information on your housing and upload it to your part of the Wiki. You need to spend between 25-30% of your monthly income on housing. To find out your monthly income, refer to your tax return information. Take your taxable income and divide it by 12. This will give you your monthy income. Now multiple this number by .25 and by .30. You must find housing within that range. For example, if your taxable income is $45,000 - 45,000/12=3,750 (monthy income) 3750 X .25= 937.50 3740 X .30= 1125.00

You can spend between $937.50 and $1125.00 per month on your housing. If you can find a place for less than $937.50, that is fine. YOU CANNOT USE A PLACE THAT WILL COST MORE THAN $1125.00.