I was also wondering what the difference is between improvements and capital improvements (in relation to properties)
2006-09-19 10:30:32 · 3 answers · asked by Mark F 1 in Business & Finance ➔ Other - Business & Finance
They generally mean the same thing.
2006-09-19 10:32:47 · answer #1 · answered by Johnny Gunns 3 · 0⤊ 0⤋
Generally speaking anytime "capital" appears it is in reference to a long lived asset. When capital does not appear, it may not be a long lived type asset. For example, installing a new hot tub would be a long lived improvement, or capital improvement. Fixing the pipes on the hot tub you just installed would just be an improvement, since US GAAP does not recognize the repair as permanently increasing the value of a long lived asset (with some exceptions).
2006-09-19 15:24:14 · answer #2 · answered by MagicalMke 4 · 0⤊ 0⤋
there is not any distinction. they are frequently contained in this style of forex. what's diverse are the words & situations that incorporate besides the fact that decision you pick on. that ought to be an altogether separate communicate, or question to respond to.
2016-12-18 13:16:17 · answer #3 · answered by omparsad 4 · 0⤊ 0⤋