Three factors determine how much depreciation you can deduct each year: (1) your basis in the property, (2) the recovery period for the property, and (3) the depreciation method used. You cannot simply deduct your mortgage or principal payments, or the cost of furniture, fixtures, and equipment, as an expense.
The currency abbreviation for the Qatari riyal (QAR), the currency for Qatar, an Arab emirate located along the coast of the Arabian Peninsula. The Qatari riyal is made up of 100 dirham and is often presented with the symbol QR in English.
The Kuwaiti Dinar is the official currency of Kuwait. Its currency code is KWD. It is sub divided into 1000 fils. With the value of $3.65 U.S., It is the highest-valued currency unit in the world. The dinar was introduced to replace the Gulf rupee in 1961. Initially it was equivalent to Pound Sterling. Kuwait along with other five Gulf Arab monarchies, is in talks this year to form a single currency.