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Deductions & credits
Where do you enter this data?
I am at NonResidential Real Estate Commercial Property
Cost ( I put total cost of building and land)
Cost of Land I entered actual cost of land
I have plumbing and electrical expenses- for the construction. WHERE do I put this category and the values? I've read that the key systems need to be separated but don't know if I list Plumbing as an asset with figures
Electrical as an asset with figures
This was a brand new construction for a commercial building. I have building materials, labor and expenses for leveling parking area and laying down gravel for driveway . Any details as to where to put these expenses would be appreciated.
May 7, 2021
8:23 PM