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Note A - Organization and Summary of Significant Accounting Policies: Depreciation (Policies)
12 Months Ended
Dec. 31, 2012
Policies  
Depreciation

Depreciation

 

Depreciation is provided by the straight-line method over the estimated lives of the apartment property and related personal property. For Federal income tax purposes, the accelerated cost recovery method is used for depreciation of (1) real property over 27.5 years and (2) personal property additions over 5 years.