Insane that building gets depreciated in the balance sheet | Hacker News

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		hankchinaski on Aug 9, 2024 \| parent \| context \| favorite \| on: 23-Floor Manhattan Office Building Just Sold at a ... Insane that building gets depreciated in the balance sheet

epgui on Aug 9, 2024 | [–]

What is insane about that? Nothing lasts forever.

0xB31B1B on Aug 9, 2024 | [–]

nah, its super normal in RE and the source of a lot of tax advantage

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