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Updated by O’Connor Associates on Jul 13, 2023
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Real Estate Personal Property | O'Connor Tax Reduction

Estimates of future of cash flows shall include: (a) projections of cash inflows from the continuing use of the asset; (b) projections of cash outflows that are necessarily incurred to generate the cash inflows from continuing use of the asset (including cash outflows to prepare the asset for use) and can be directly attributed, or allocated on a reasonable and consistent basis, to the asset. Visit us @ https://www.poconnor.com/valuation-of-personal-property-in-practice/