Not exact matches
Most notably, RNY
Property Trust's (RNY) net
tangible assets (NTA) deteriorated
over the year as its manager, New York based RXR Realty, announced it was liquidating the Trust's portfolio of office buildings (see below).
Mostly, I expect to save money with an ereader
over a physical book, because I do not get a
tangible object of any value beyond the intellectual
property that I can borrow — until the content provider, be it Amazon or B&N decides to remove it from my device.
While REIT investors can generate capital gains as the share price ideally increases
over time, when you buy an investment
property, you're continuously building equity in a
tangible asset.
Adverse possession of
tangible personal
property is also possible, although it comes up less often in legal proceedings since it usually isn't worth litigating
over and the record keeping to prove a claim usually isn't as good.
Some things are considered
tangible personal
property depreciated
over 5, 7 or 15 years, some are considered building components depreciated
over 27.5 years.
In the era of eBay, when virtually any
tangible object is sold
over the Internet, commercial real estate investors are beginning to give online auctions for income - producing
properties a serious look.
The distinction centers on whether
tangible property held by a business is «depreciable» — meaning it can be reflected as declining in value
over time under accounting rules — even though it may rise in market value.