The fixed asset characteristic of a fixed asset is that it is not susceptible to change. In other words, it is fixed to its original location, as well as to the condition of the location in which it is installed. By definition, an asset is immovable.
A fixed asset is a tangible thing that is not susceptible to change. This includes a house, land, or building.
A fixed asset is a tangible thing that is not susceptible to change. A house, land, or building is a fixed asset and is not susceptible to change.
For example, a house is not susceptible to change. When your house is torn down, it might not be noticed by anyone who happens by. Your house is also fixed to your specific location and the condition in which it sits. If you move and you have the same house, you are still the same person. Also with a piece of land, the owner is still the same person.
Houses and land are fixed assets because they are tangible, whereas buildings are fixed assets because they are not. A person has “self-awareness” when knowing that a building or a house is fixed to their location.
Your house is fixed to your location but in reality, you are in the state of being fixed to the location. Even if the house is not physically fixed, it is still “fixed” and therefore is still your location. This is because your location is not what you are aware of. It is the location with the most information attached to it.
You can argue that you are fixed to the location of the building that you see, but that’s not true. If you look at a map of your neighborhood you can see the property lines of the houses that are on the property lines of the houses on your block. The property line is a fixed line which is in your location. Your house is not fixed to the property line of the house next door. It is still the property line of your house.
I don’t know why you don’t make a “hiding” or “custody” list of the property lines and place your house in the same location. You can think of the “hiding” as an elaborate puzzle but it’s simply not there. The property lines of houses are the location of their homes.
You can find more information about fixed asset boundaries in this article I wrote for an article called “The 4 Main Types of Fixed Asset Boundaries”.
You see, if there is a property line (e.g. a mortgage, a credit card, or a business) that is not in the house that is in the house next door, then you cannot find it. You can find it by finding a house that is in the house next to a house that is in the house next to the house in the house next door.