Yes, it is possible to part exchange a leasehold apartment, but it depends on the policies of the property developer or the housing scheme involved. Typically, part exchange involves trading in your existing property as part of the payment for a new one. However, leasehold properties may have specific conditions or restrictions, so it’s important to consult with a real estate agent or legal advisor to understand the process and any implications.
you'll bake the cookies in the kitchen of afriends appartment - which part of business?
Painting can be considered as repairs and maintenance as it is part of maintaining the property.
One can find a list of leasehold agencies online. To view the list, one should visit the section of the government website (part 570) dedicated to such.
It means- Appartment
no
it is considered a leasehold improvement.
Debit depreciation expensesCredit leasehold improvement
The word leasehold has two syllables. The syllables in the word are lease-hold.
Yes, mirrors in a gym can be considered leasehold improvements if they are installed as part of the gym's enhancements to the leased space. Leasehold improvements are modifications made to rental property to suit the needs of the tenant, and mirrors serve a functional purpose in fitness settings. However, the classification may depend on the lease agreement and whether the mirrors are removable or permanently affixed.
NO !
A leasehold mortgage is an encumbrance on a tenant's interest in a lease conveyed to a lender as collateral for a loan to the tenant.
Yes this can be charged to leasehold improvements. This is used when you are writing off on your taxes or in accounting.