Bio Bruce
New Member

land purchase

Wonder if you could guide me!

I had a good year with my business last year.

This being said I wanted to set my business up for continued success.

I purchased property for $96 on Dec 30th.

I used money left over from revenue earned in 2021 and borrowed from my whole life policy cash value to fund.

Can I expense this purchase that I want to park my vehicles on until I get pole barn installed on property