Expenditures made for ordinary repairs and maintenance of property are not added to the original basis in the determination of the property's adjusted basis whereas capital expenditures are added to the original basis. True or false?

True

Explanation:

Expenditures is the expenses made over the course of an action inorder to achieve the desired results. In maintenance of a property, the expenditure could be for ordinary repairs (plumbing, painting, minor electrical repairs) or capital expenditures ( house renovation, major electrical wiring, house re-modelling e.t.c ).

It is true that, ordinary repairs and maintenance of a property are not added to the original basis in the determination of the property's values as a result  of the level of financial expenses carried out.

overview:

this is a technology-dependent lesson that students can guide at their own pace of exploration and learning. students share what they learn through the use of twitter (or alternative classroom sharing medium like todaysmeet). the use of a social sharing platform like twitter gives students a place for sharing with a wider audience, for more effective means of communication with each other, for incorporating viewpoints from all students in the classroom, and a means to reference thinking and learning by the use of a hashtag at a later time. students will understand the role the allied air forces played in the normandy invasion. teachers can use this as a stand-alone lesson or offer more structure by guiding students through each source, one by one. teachers may learn more about the eighth air force by accessing the abmc’s strategic bombing campaign interactive.

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