Investors & landlords

Thanks all for the responses.  Since it's not really clear, I am not going to include the title and registration fees in the cost basis of the car.   Since they're not a significant amount of money, it's easier and cleaner to just not include.

 

As an aside, in NJ you do not have a choice but you have to register the car when you get the title whether you plan to drive the car or not.

 

Thanks again!