Asset Depreciation Range Adr


Definition of "Asset depreciation range (ADR)"

Frances Smith,ABR, BBA, ePro
Frances Smith,ABR, BBA, ePro Access Houston Real Estate

Range of depreciable lives allowed by the Internal Revenue Service (IRS) for a particular asset. It is used to determine class lives for property, plant and equipment.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Capital Lease

Rental in which the lessee obtains major property rights. Although not legally a purchase of property, theoretical substance governs over legal form a ...

Net Lease

Also called triple net lease. The lessee pays not only a fixed rental charge but also expenses on the tented property, including maintenance. ...

Executed Contract

A real estate contract whose terms have been completely satisfied. ...

Abandonment

Abandonment is actually a legal term for the willing renunciation of rights to an asset or relationship. So, in the real estate industry, abandonment ...

Advocacy Role

Position taken by a real estate consultant representing the best interests of the client. ...

Distraint

Landlords act of seizing a tenants property to satisfy defaulted rent payments. To distrain a tenants property the landlord must give proper legal no ...

Popular Real Estate FAQ

What Is PITI And What Does It Stand For?

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

What Is A Broker?

An agent who is authorized to open and run his/her own agency. All real estate offices have one principal broker. ...

What Is A Buydown?

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or sell ...

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then sold. ...

What Is A VA Loan?

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Affairs. ...

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income or for investment purposes rather than to live in. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

5 U.S. Cities with the Best Public Transportation Finding Your Real Estate Niche: For Sale By Owner Top Things to Budget for When Rehabbing a Flip House Tax Breaks for the First Time Home Buyer Mortgage Loan Types

FAQ

What is a front-end ratio? What is a foreclosure? What is an investment property? What do I need to know about Indemnity Insurance? What is a deed?