Posted by waynepdx on July 09, 2002 at 10:22:41:
Factoring in depreciation into your estimated financial statements is not hard if you do your research.
First you must find out what the IRS guidelines for depreciating building and capital improvement are.
I can tell you how to do it but it will bring more meaning and fulfillment if you do the research yourself.
I can tell you some types of depreciation there are to give you a starting point for your research.
ACRS (Accelerated Cost Recovery System)
MACRS (Modified Accelerated Cost Recovery System)
Double Declining Balance
Specific Identification Method
There are more but you get the gist.