No they can't. You are required to use the straight line method, 15 years, for qualified leasehold improvement property. However, in 2008, such property is eligible for the 50% bonus depreciation.
Yes, window blinds can be considered leasehold improvements, as they enhance the functionality and aesthetics of a leased space. Leasehold improvements are alterations or additions made to a rental property by the tenant, and blinds typically fall under this category since they are installed to meet the tenant's needs. However, the classification may depend on the lease agreement specifics, which could define what constitutes leasehold improvements.
Leasehold improvements are covered in the Lease. More specifically what is allowed and what is not. As long as the Asphalt removal is allowed under the lease, disposal will be allowed or what must be done with it will be detailed.
your question d oes not relate with making an account / and i dont know the answer of your q, b-cause i m an student of above 13 and under 18, i have no acccount in bank.
Yes, leasehold estates are considered a form of real property. They represent a tenant's right to occupy and use a property owned by another party (the landlord) for a specified period under a lease agreement. While the tenant holds a leasehold interest, the underlying ownership of the property remains with the landlord, distinguishing leasehold estates from freehold estates.
Prepaid insurance is classified as a current asset on the trial balance. It represents an expense that has been paid in advance, and its value is recorded under the assets section. As the insurance coverage is consumed over time, it will be gradually expensed on the income statement.
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Under section 123 of donation act
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freehold n. any interest in real property which is a life estate or of uncertain or undetermined duration (having no stated end), as distinguished from a leasehold which may have declining value toward the end of a long-term lease (such as the 99-year variety).
IPC under Section 464 IT Act -Making a false document
in the air force Who is the Quality Assurance Section aligned under
Under Reinforced Section