Journal of Property Tax Assessment & Administration
Abstract
This article will deomonstrate that valuing negative cash flows requires a different approach from valuing positive cash flows. The concepts of valuing remediation costs, asset removal costs, and other types of functional obsolescence will be used to illustrate this concept.
First Page
33
Last Page
41
Keywords
Replacement cost approach to value, Obsolescence
Recommended Citation
Heaton, H. B. (2005). On valuing negative cash flows related to contamination, asset removal, or functional obsolescence. Journal of Property Tax Assessment & Administration, 2(4), 33-41. Retrieved from https://researchexchange.iaao.org/jptaa/vol2/iss4/3
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