![]() ![]() Section 5: OPA Board Subject: COPE Golf Petition? Msg# 879612
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Nothing. Which is why I purposely left out any reference to spending the money collected as depreciation. | ||||||
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For reference, the above message is a reply to a message where: By including a charge in the assessment for depreciation OPA charges the current owners for OPA assets recovering the money spent acquiring the assets over the lifetime of the asssets. Gosh, I think you just gave a generalized description of depreciation for GAP purposes as opposed to IRS tax purposes.... and this has what to do with how the board decides to spend the depreciation collected? |
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