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Exam term

Tax depreciation

An income-tax cost-recovery deduction for buildings and improvements, but not land. It does not reduce NOI or cash flow.

Lessons that use this term

  • Accrued depreciation: physical deterioration and functional and external obsolescence California
  • Investment and property management math: return, appreciation, depreciation, and rents Texas

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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