Severity of Damage and Inherent Diminished Value. In a professional forum for diminished value providers, we had a member inquire about how the amount of the repair bill affects the diminished value (inherent) of a vehicle. It is my experience that the amount of damages is an imperative factor to have in order to accurately assess diminished value.
brownfield - Computer Definition. 1  In the building industry, referring to a parcel of land previously built upon and, especially, polluted. 2  In telecommunications, referring to network deployments in territories where there is an existing telecommunications infrastructure that is removed or abandoned in place.
A4: Responsible parties who contaminate and remediate a property without changing its use have always been able to deduct environmental cleanup costs as an operating expense. The Brownfields Tax Incentive allows these same property owners to also expense these costs if they are changing the use of the property.