Under the special rule, the initial tax basis of the building portion of the property for purposes of calculating depreciation write - offs equals the lower of: (1) the building's fair market value (FMV) on the conversion date or (2) the building's «regular basis» on the conversion date. (money.stackexchange.com)
Adjusted Basis Adjusted basis is the cost basis of a building adjusted for capital improvements minus depreciation allowable. (nalhfa.org)
Each new skill allows them to progress to the next, on the basis of buildings that lead to more complex physical tasks, such as skippi... (funlandia.com)