Just to clarify, where are you entering the balance from and to where are you trying to enter it in?
So it depends ,if this is the final year of the loan balance then yes you can expense the remaining amortization costs.
Or if you refinanced the property with a different seller. Finally, if the 699 is equal or less than your annual amortization costs, you may expense this amount as well. If it's higher than 699, then you would have to enter the intangible asset and related amortization schedule.
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