capitalized value of property

capitalized value of property

The acquisition cost of the property, plus expenses of acquisition and improvement.The choice between adding an item to the capitalized value or writing it off as an expense in the current year is one of the critically important decisions of any business or investment property.It is important to have a grasp of the hard-and-fast rules and an understanding of the gray areas.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.