Yes, just when you thought your favorite condiment couldn't get any better, I present to you 9 unusual uses for mustard that go beyond sandwich-making. But first, a little mustard history! Way back when, the Romans were first introduced to mustard seeds by the Egyptians.
Therefore, the basis in the building is $850,000 (85% x $1 million). A cost segregation study identifies the portions of the building that qualify as personal property and land improvements for depreciation purposes (but are still like kind for 1031 purposes).
Land improvement or land amelioration refers to investments making land more usable by humans.For the purposes of accounting, land improvements refer to any variety of projects that increase the value of the property.and improvement or land amelioration refers to investments making land more usable by humans.