Exam term
Depreciation
Loss in value from any cause in appraisal, or a tax cost-recovery deduction for a building or improvement. A tax deduction is not a cash outflow or proof of declining market value.
Lessons that use this term
- The cost approach California
- Financial analysis of income property: cash flow, returns, and leverage California
- Percentages: commissions, interest, appreciation and depreciation, and points New York
- The cost approach: reproduction and replacement cost and depreciation Texas
- Investment and property management math: return, appreciation, depreciation, and rents Texas