Sentences with phrase «depreciate in value over»

Due to these higher risks, Virginia insurance companies quote mobile home insurance a bit like they quote car insurance - the home tends to depreciate in value over time, not unlike a new vehicle driven off a dealership lot.

Usually, you will get less money from the renters insurance company if you choose to go with actual value, because possessions depreciate in value over time.

From an insurance perspective, mobile homes are treated more like automobiles, as they depreciate in value over time.

Unlike traditional homes, mobile homes also depreciate in value over time.

Mobile homes tend to depreciate in value over time, so you will need a different type of insurance coverage than a more traditional homeowners policy.

ACV is the term used by insurance companies to capture the fact that all goods depreciate in value over time.

Unlike traditional homes, mobile homes also depreciate in value over time.

Also, if you have items that depreciate in value over time, that can be considered a liability.

For example, consumer debt for items which are consumed or depreciate in value over time should be kept to a minimum.

Unlike site - built homes, manufactured homes depreciate in value over time.

You might find that if the vehicle is going to depreciate in value over time the lender might require additional collateral as well.

Above all, remember that your property may have appreciation or depreciate in value over the years.

Not exact matches

They could depreciate the value of the home and everything in it over time.

The is largely because traditional homes usually increase in value over time, manufactured housing usually depreciates over time.

Unfortunately I didn't come upon this post earlier, as I have wasted over 15k + on «toys» I didn't need, and ones that depreciated rapidly in value.

Over the long - term, housing prices could rise again, but if they don't then you could be stuck with an asset that hasn't changed in value or depreciated over tOver the long - term, housing prices could rise again, but if they don't then you could be stuck with an asset that hasn't changed in value or depreciated over tover time.

FFO, which you can usually find in the trust's financial statements, is based upon the idea that properties generally rise in value over time instead of depreciating at the rate used by accountants.

In general, financing something that depreciates is worse than financing something that gains value over time.

Future Value Once you buy a car, it immediately depreciates in value and continues to do so over the yValue Once you buy a car, it immediately depreciates in value and continues to do so over the yvalue and continues to do so over the years.

While some home values depreciate over time, in most areas of the country, home values increase at a modest rate in line with the rate of inflation.

In the case of MACRS, businesses can depreciate the value of their solar project over a shorter period of time.

The agreed value will usually reduce automatically upon renewal of your policy because it is assumed that your car will depreciate (go down in value) over time.

Unlike traditional site - built homes, which generally increase in value over time, mobile homes (no matter how well you maintain them) depreciate over time.

The difference is that the actual cash value of your property depreciates over time, resulting in a claim settlement below the actual cost to replace the stolen item.

The value of collision insurance rests in its essential nature as a form of automotive asset protection; and we all know that these assets depreciate over time unlike safe defensive driving.

It is very tough to come up with a number off the top of your head to describe the replacement value of all your personal belongings, partially since you have acquired them over a certain period of time; some of the items are old, and in your mind, depreciated.

Officials cited concerns over the volatility of the currency and felt that it was likely to depreciate in value, prompting the government to sell off the coins.

What you get is a USE asset that depreciates over time while it grows in market value.

I had in fact made an error regarding the square footage of a subject property (which did not affect the market value of the property as depreciated cost per square foot has little to do with current market value) over ONE YEAR earlier; seems the employer had another reason to unload me.

In a column Knakal recently penned for CO, he pointed out the depreciation schedule allows owners to depreciate the value of their real estate over time — 27 years for residential property and 39 years for commercial property.

Even though a property may be appreciating in value, an investor following the tax code is allowed to depreciate the value of the property over a fixed schedule, and deduct the loss, even though the loss is only on paper.

Although real estate actually appreciates in value, for tax purposes, the government permits an investor to depreciate the asset over either 27 1/2 years or 39 years, depending on whether the property is residential or commercial.

In general, you depreciate the value of the home itself (but not the portion of the cost attributable to land) over 27.5 years.