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.
The Fleet Reserve and the Fleet Marine Corps Reserve are composed of members of the naval service transferred thereto under this section. An enlisted member of the Regular Navy or the Navy Reserve who has completed 20 or more years of active service in the armed forces may, at his request, be transferred to the Fleet Reserve.