0 votes
What is a recovery period for depreciation?

1 Answer

0 votes
A recovery period is how long the asset can be expected to last and therefore, it's time period for depreciation. Cars, computers and office equipment have a 5 year recovery period. Office Furniture has a 7 year recovery period.
Welcome to our site, where you can find questions and answers on everything about renting houses, apartments, villas, flats and other property in many countries
...