House buildings are not necessarily recognized as fixed assets.
Generally there are two cases:
1, the development of real estate enterprises of the house building is a kind of inventory, rather than a kind of fixed assets
2, operational rental of real estate is not counted in the national fixed assets, but a kind of investment real estate.
Fixed assets are held by the enterprise for the production of products, provision of services, rental or business management, the use of more than 12 months, the value of a certain standard of non-monetary assets, including houses, buildings, machinery, machinery, means of transportation, and other equipment, appliances, tools and other equipment related to production and business activities.
Inventory generally has the following characteristics:
1, inventory is a tangible asset, which is different from intangible assets.
2, inventory has a strong liquidity. In the enterprise, the inventory is often in the continuous sale, consumption, purchase, or replacement, with faster liquidity and obvious liquidity.
3, inventory has the timeliness and the possibility of potential loss. In normal business activities, inventory can be regularly converted to monetary assets or other assets, but the long term can not be consumed inventory may become a backlog of materials or price reduction in sales, resulting in business losses.
Expanded:
The various types of buildings constructed along both sides of the city road, in the lot has been prepared a detailed plan, the building setback distance of the red line of the road shall be implemented in accordance with the approval of the detailed plan; in the lot has not yet been prepared a detailed plan, the minimum distance of the building setback from the red line of the road is controlled according to the table.
Theater, exhibition halls, gymnasiums, playgrounds and other public **** building and large-scale commercial buildings, the minimum distance from the red line of the road should be increased appropriately on the basis of the above. Red line width of 20 meters below the red line on both sides of the road building setback distance, should also meet the spacing requirements with adjacent buildings.
From the point of view of purchased fixed assets for VAT credit of input tax, fixed assets refer to:
1. Machines, machinery, means of transportation, as well as other equipment, tools and appliances related to production, the period of use of which is more than one fiscal year.
2. Items with a useful life of more than 2 years that are not part of the main equipment for production and operation. (The new accounting standards in '07 on the identification of fixed assets value limitations canceled, as long as the company believes that can be and the useful life of more than one fiscal year can be recognized as fixed assets, in accordance with a certain depreciation method of depreciation.)
3. Longer useful life.
4. Large unit value.
The provisions here are smaller in scope than those in the "Enterprise Accounting Standards", and mainly exclude real estate such as houses and buildings, because sales of houses and buildings are subject to business tax, not value-added tax.
Baidu Encyclopedia - Housing and Buildings