Retiring

What’s the difference between Prime Cost or Diminishing V... Two methods can be applied when depreciating property, the Diminishing Value (DV) and Prime Cost (PC) method.
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Do all retirement villages and retirement homes charge entry fees?

Most retirement villages and retirement homes charge an entry contribution of some sort and this usually goes toward ongoing updates to the common property and individual homes/units.
  • If you have limited funds, some villages may offer an apartment and negotiate a small donation of several thousand dollars
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