What is depreciation and how does it apply to rental property? What are the long-term financial implications of owning a condo?

What are the Key Differences? On the surface, condo units may not look very different from apartments. The cost may be similar, and the appearances may be ... May 16, 2022 ... Lofts are large, open, adaptable spaces that have been converted for residential use. Many lofts have exposed fixtures, huge natural light ... Feb 14, 2019 ... Here's a quick guide to some of the distinguishing features of an apartment compared to a condominium in Australia. A condominium, or condo for short, is a type of property ownership that is usually located in a residential building or community, but the unit itself is owned ... Oct 31, 2020 ... 'Flats' are used more generically, as in to indicate lower social class dwelling, whereas the term 'apartments' is used to indicate an upper class or luxurious ... Aug 7, 2024 ... Here's a detailed comparison between a Condo and an apartment, focusing on rent, maintenance, amenities, and other factors. Condo is generally short for “condominium”, a private residential unit that may be owned or rented out to tenants by a landlord. The landlord owns the ... Mar 26, 2025 ... A condo can be similar in structure to an apartment — usually a unit within a larger residential building — but condos are owned instead of ... Mar 15, 2023 ... The most important difference between a condo or an apartment in Indianapolis is who owns it. Let's break it down a little more. Mar 19, 2020 ... In contrast, with a condo building, each individual unit may have a separate owner. The building itself is often controlled by a condo ...