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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Who maintains a retirement village or retirement home?

The owner of the retirement village or retirement home generally maintains buildings, common property, recreational facilities and garden areas. While every village is different, individuals are most commonly responsible for:
  • Private outdoor areas
  • Interiors
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