Operating lease of investment property

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November 10, 2017 at 10:05 am #415073
abdulbasit16
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Sir will we also depreciate an investment property that is held at fair value according to company’s policy but leased out in an operating lease?
November 12, 2017 at 10:01 am #415354
P2-D2
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Hi,

No, if the IP is held at fair value, it is not depreciated.

Thanks
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