This paper covers:
- depreciable assets
- cost of depreciable assets
- depreciating assets affixed to land or improvements – items 2, 3 and 4
- items 5 and 6
- item 10 – owner
- balancing adjustment events for Division 40 depreciable assets
- interaction between Division 40 and 240
- Division 250 – assets put to tax preferred use
- Division 243 – limited recourse debt.