Your post makes me wonder,
@Scalemaster34 , if the following scenario might happen:
- DVC Cabins go into service in 2024.
- Per IRS rules, "manufactured housing" has a depreciation life of 27.5 years (mid-point of 25-30 yrs).
- Does that mean the maximum life of a DVC contract will extend roughly 25 years beyond 2024? (or even for 27.5 years)?
- Meaning points contracts might expire in 2049/2052?
- OKW went active in 1991 and earliest expiration is 2042 for a length of 51 years?
- I would assume the DVC cabins will have to be replaced again about 2049
- Or can DVC replace the cabins one more time for a total contract length of 50 years?
- I understand updates being done on a resort can be done mid-contract but a total "rebuild"? (removal and replacement with a new cabin?). The buildings are essentially brand new again and not simply "updated".
Makes me wonder, anyway.
Bama Ed
PS - personally I think Disney will build behind Pioneer Hall a DVC property (or part resort/part DVC) and many amenities for DVC cabins will be over there. Just IMO.