Zaba12
2018-04-24 16:29:45
- #1
what did the kitchen cost new 3 years ago?
Unfortunately, I can also say from personal experience that if you have to get rid of the kitchen under these circumstances, the depreciation will hurt.
My current kitchen cost me 3500€ including installation 5 years ago, and I will not be the fool to sell the kitchen for 500€ in a year. I will take the kitchen with me and install it in the basement. Cabinets are always useful.
You only have a 50% loss in value if you sell it to the next tenant (I just experienced this with a colleague who moved into a new condominium).
Loose and under pressure, it goes down much, much further.
Unfortunately, I can also say from personal experience that if you have to get rid of the kitchen under these circumstances, the depreciation will hurt.
My current kitchen cost me 3500€ including installation 5 years ago, and I will not be the fool to sell the kitchen for 500€ in a year. I will take the kitchen with me and install it in the basement. Cabinets are always useful.
You only have a 50% loss in value if you sell it to the next tenant (I just experienced this with a colleague who moved into a new condominium).
Loose and under pressure, it goes down much, much further.