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What are the arguments in favor of and against globalization?
Mortgage Interest
The interest charged on a loan used to purchase a residence, which can be deductible for taxpayers who itemize deductions on their income tax returns.
Property Taxes
Taxes assessed on real estate by local government, based on the property's assessed value.
Depreciation
The accounting method of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Maintenance
The routine tasks and repairs conducted to keep equipment, buildings, or machinery in working order and prevent its deterioration.
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