Tenant makes capital improvements to the property


A person leases real Estate for 20yrs to a person and the tenant makes capital improvements to the property. When the lease expires the landlord takes back the property and the improvements

1-under the current law when does the landlord recognize income from the improvements .

2- Has the law in answer 1 always been the rule

3- what is the justification if any to the rule

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Accounting Basics: Tenant makes capital improvements to the property
Reference No:- TGS050327

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