Tag: real estate
3 Main Types of Real Estate Investments
Real estate is an investment that you can own or you can rent. Behind every main street is a real estate story. And yet, it is not enough to choose a residence any more than it is enough to choose a hotel when on vacation. A home must be one in which the owner has…
6 Benefits of Using Depreciation on Commercial and Personal Real Estate Property
In accounting terms, depreciation is defined as the reduction of recorded cost of a fixed asset in a systematic manner until the value of the asset becomes zero or negligible. The fixed assets include the following: buildings, furniture, office equipment, machinery and many more. A land is the only exception which cannot be depreciated as…