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Westend61 / getty images improved land can include any number of upgrades that make the land more usable. Have you ever asked yourself what role land plays by facing developments like demographic change, globalization or cli. Gain insights into the complex nature of land management and learn about terms, tasks and challenges related to our land. National archives and records administrat. Land and building depreciation allow the taxpayer to recover the cost of the investment over a set period of time.
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