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Investors & landlords
Great, I'm glad you figured it out.
Also, I think my original answer was wrong (I may have misread your post), so I will edit my original post. Because your original INTENT when you purchased it was to keep the structure, it would likely be deductible. See §1.165-3. <a rel="nofollow" target="_blank" href="https://www.law.cornell.edu/cfr/text/26/1.165-3">https://www.law.cornell.edu/cfr/text/26/1.165-3</a>
Also, I think my original answer was wrong (I may have misread your post), so I will edit my original post. Because your original INTENT when you purchased it was to keep the structure, it would likely be deductible. See §1.165-3. <a rel="nofollow" target="_blank" href="https://www.law.cornell.edu/cfr/text/26/1.165-3">https://www.law.cornell.edu/cfr/text/26/1.165-3</a>
June 5, 2019
4:01 PM