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declines due to delayed or deferred capital improvements and as the credit burden increases, the crossover
on a possible capital improvement.. The only factor that would effect this would be, or could be the details
. There will always be capital expenditures, so if one pays for past capital expenditures in the future (balloon
are a capital improvement as per IRS; however, I do not believe the roof deck qualifies for a j-51 (I could
if the work qualifies as a ‘major capital improvement’ ” as defined by the state’s
of our regular capital improvement program, but we did not delay as the savings are nearly paying off
, hall window replacement etc. Our current board is managing to a budget and longer term capital
. = = = = = = = = = Yes, we have expended millions for capital improvements: pool overhaul, façade maintenance
I agree with WAB that borrowing money from a SH for a capital project could also present
to dump refunds into their capital reserves are delivering a windfall to some owners at the expense

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