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segregate capital funds from regular (anything non-capital), there are benefits to the shareholders ... Capital vs Other
Perhaps they were trying to tell you that, in addition to building capital reserves for major
that should be estimated for emergencies, you should have your capital fund. The cash reserve should
capital improvement program.
to the accountant's GL accounts and which do not segregate capital from regular expenses. And, they have a tendency
it - such as capital/hallway project/engineering or repair/reimbursable/apt7B - etc... It makes it very easy for you
, the forgiveness of debt is re-categorized from being subject to income tax to being subject to capital gains tax.
made many large scale capital improvements, but we have also made improvements not too evident
then worked out the formal documents. For capital improvements such as the $1,300,000 elevator upgrade
year capital improvement / replacement AICPA redquired schedule for our annual report. The firm also

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