Can I include loan interest in the cost basis of the sale of business property

[greggipson]

With the sale of business property do I include the loan interest in the cost basis?

[Mike9241]

no. if this is business property the business should deduct the interest as an expense.  if you haven't been deducting the interest each year. run to a tax pro. 

[Critter-3]

Also if you have not been depreciating the asset correctly you need to RUN to a local tax pro to get this corrected as well.