How Do I Factor in Depreciation in Buying an Apartment?

Answer In normal usage, depreciation is the decrease in an asset's value due to any cause. In financial accounting, depreciation refers to a procedure to represent the constant decrease in an asset's valu... Read More »

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Are gas prices a deciding factor for buying a car?

On One Hand: Consumer Polls Say YesAccording to a consumer poll by Rasmussen Reports, in June 2009, 80 percent of Americans at least take gas prices into consideration when buying a new car. Forty-... Read More »

What are the downsides of buying a co-op apartment?

Depending on the process the board follows when screening applicants, be aware that you may be required to bear significant scrutiny. The board may -- and legally so -- inspect your: Financial heal... Read More »

What is the difference between buying a co-op apartment vs. a condominium?

A purchase in a co-operative does not include land or buildings directly. In a condominium, you typically purchase the unit you live in (with its own unique tax parcel number), plus an undivided i... Read More »

If John and Edward were to somehow win the X-Factor, would you be buying their songs?

Never in a million years. They are only staying in because they've got the whole of Ireland voting for them and the English, Scottish and Welsh votes are split between all the other contestants. As... Read More »