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Does the concept of property depreciation makes you sick?
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[QUOTE="Alexandoy, post: 90486, member: 25510"] In our accounting subject in college there is a standard percentage of depreciation depending on the type of asset - 10% annual for machinery, 20% annual for vehicles but zero percent of depreciation in real estate. I have to agree on the depreciation of assets to at least be realistic in the value. It is wrong to value an old car for 90% of the original value when it is actually just 10% in value. [/QUOTE]
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Does the concept of property depreciation makes you sick?
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