Course Description
A capital expenditure is a new asset, such as a building system or a replacement component of an existing asset or system that adds value and extends the life of the property. Join David Domres, CPM® as he identifies and prioritizes capital improvements. He will discuss how by discounting the future value of an expense, you can determine how much to reserve each year for that improvement. This informative course will also review calculating the payback period on an expense and using cost segregation to reduce depreciation time for capital assets.
Learning Objectives:
- Define capital and operating expenses
- Compare short- and long-term expenditures
- Analyze the current status of your property
- Prioritize capital expenditures
- Develop a capital plan
- Determine funds to place in reserves
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