_____________________is the amount of value lost because an item is wearing out over time. The deduction for federal income tax purposes may only be taken on the structures and improvements and not on the land.

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The Answer of _____________________is the amount of value lost because an item is wearing out over time. The deduction for federal income tax purposes may only be taken on the structures and improvements and not on the land.

_____________________Is the Amount of Value Lost Because an Item Is