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Did you know the definition of: depreciation
A decline in the value of property; the opposite of appreciation. Depreciation is also an accounting term which shows the declining monetary value of an asset and is used as an expense to reduce taxable income. Since this is not a true expense where money is actually paid, lenders will add back depreciation expense for self-employed borrowers and count it as income.

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Alabama Real Estate LLC -Montgomery Area- (334) 277-6116
Alfa Realty -Montgomery Area- (334) 567-6800
Averbuch Realty -Huntsville Area- (256) 883-6606
Benchmark Homes Inc -Mobila Area- (334) 473-8600
Ben Porter ERA -Madison Area- (256) 337-4258
Century 21 Southern Star -Montgomery Area- (334) 365-4511
Century 21 Steele & Associates -Huntsville Area- (256) 880-5965
RE/MAX First Choice -Birmingham Area- (205) 663-4402
RE/MAX Huntsville -Huntsville Area- (256) 508-0211
Realty South -Birmingham Area- (205) 322-7500
Rebecca & Company -Birmingham Area- (205) 477-0770
Rise Real Estate, Inc -Huntsville Area- (256) 882-0304
Roberts Brothers Inc -Mobila Area- (334) 344-9220
The Ashurst/Cannon T.E.A.M. -Montgomery Area- (334) 323-1124
Tavis Realty Inc -Birmingham Area- (205) 631-6501
Ty Irby Realty & Development Company -Mobila Area- (334) 649-1000
Watts Homes -Montgomery Area- (334) 277-6810
Watts Residential Sales Inc -Birmingham Area- (205) 982-7518
Wynwood Realty Inc -Montgomery Area- (334) 279-0900

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