Building for profit; principles governing the economic improvement of real estate (1911)
Bolton, Reginald Pelham, 1856-1942 · New York, The De Vinne Press · leaf 109
n the business of the investor, andmay therefore be capable of bringing in a higher annual return. The conservative course to be pursued is naturally the actualphysical setting aside of money for a depreciation fund in somedefinite investment, and the effects of neglect of this practicemay be seen… … o > < V DEPRECIATION OF MECHANICAL EQUIPMENTSAND POWER PLANTS I. PHYSICAL DETERIORATION THE depreciation of engineering equipment and appli-ances appears to follow equally well the same generalprinciples as apply to other elements in building con-struction, but in a markedly increased ratio.…
Building · Real estate business
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