Declining balance method
An accounting method of calculating depreciation for tax purposes designed to provide large deductions in the early years of ownership.
More Real Estate Definitons
Valid contractJumbo Va LoanMortiseWater TableInlaid ParquetX-BracingCapital AssetsFenestrationYieldYardQualified FeeVoltFlip TaxOral ReportNull And VoidExtensionCo-OpIlluviationVitrified TileVendorZoning MapValley RafterWifeCommercial BankFloor PlanFurlongYard LumberLesseeJoint AppraisalEnterprise ZoneJudgment DebtorVerifsZero Side YardForeshoreObligeeMesotheliomaKick PlateQuarter SectionQuadrangleAncestorCost InflationWall Tile