Though simple, this distinction is important -- maintenance (R&M) is classified as an expense, while capital expenditures or improvements enhance the assetâs market value and benefit your community or association.
What is the DD214? The DD Form 214 is an official document issued by the Army, Air Force, Navy and Marines at the time of discharge or separation from military service. The DD214 shows your status as a separated or retired military member and the nature of your service including dates, awards and decorations and other important details.
Veteran's are issued both redacted and unredacted copies of their DD 214. The purpose of the redacted copy (sometimes called Member Copy 1) is to allow the veteran to prove military service without disclosing discharge information. Advocates will want an unredacted copy of the DD 214 that includes Characterization of Service, Reason for Separation, and Authority for Separation. National Guard servicemembers without federal active service will receive a National Guard Bureau Form 22 (NGB 22) instead or in addition to a DD214 for any federal service.