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Establishing Basis for Depreciation
By Alec Pacella, CCIM Managing Partner at NAI Daus apacella@naidaus.com (216) 455-0925 Twitter @dausyouknow Several years ago, we focused on the concept of cost recovery (also known as depreciation) in a couple of columns. This month, we are going to dig a little deeper into this concept, but before you tune out and flip to a different part of the magazine, ask yourself two questions. First: do you/your company/your clients pay taxes? And second: do you/your company/your clients care more…
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