The real estate assets subject to a ..... lease do not appear on the lessee's balance sheet and no depreciation is charged against earnings for SEC reporting purposes, but its structure allows improvements to be depreciated for tax purposes, thus preserving the tax shelter aspect of owning improved real estate. (*) simulated (*) synthetic (*) veritable (*) virtual
This is a companion discussion topic for the original entry at https://english.best/questions/8189,the-real-estate-assets-subject-to-a-___-lease-do-not-appear-on-the-lessees-balance-sheet-and-no-depreciation-is-charged-against-earnings-for-sec-reporting-purposes-but-its-structure-allows-improvements-to-be-depreciated-for-tax-purposes-thus-preserving-the-tax-shelter-aspect-of-owning-improved-real-estate/