Condo Smarts: Numbers in depreciation reports are simply estimates

/ Owner - August 24, 2017

Dear Tony: Our strata corporation has a depreciation report that projected our roof replacement in 2017 at $95,000. We hired a licensed roofing inspector and had the roofing project put out for bids. The lowest bid we received was for $155,000, plus we need some funds for the inspector and legal work.   Read the article………….

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