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What is the reasoning behind allowing for the depreciation of improvements but not the land on which the improvements are built? Buildings deteriorate over time
What is the reasoning behind allowing for the depreciation of improvements but not the land on which the improvements are built? Buildings deteriorate over time while land value increases. O Land value is high relative to the value of the improvements. O The value of improvements is high relative to land value. O Land decreases in value over time while building values increase
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