Mistakenly, I assumed that the SHRM-SCP would be the same. I didnât study as I had just taught the prep class for the PHR and SPHR. I figured if I didnât know the material, I shouldnât pass anyway! So, I registered to take the exam for free as an instructor for a SHRM Educational Partner (a local college).
Prudent landlords usually keep old leases for six or seven years. Legal obligations associated with the landlord-tenant relationship don't automatically end when the lease agreement ends.
Leasehold Improvements. When you build out space for a tenant, the IRS lets you depreciate those âleasehold improvementsâ over 15 years instead of 39 years. This is because you usually have to undo and redo leasehold improvements every time a tenant moves out, so the improvements donât last as long as your building.