Solved: Re: Yes, they are so considered and the improvements are adde...

valley_robert · May 31, 2019 5:41:53 PM

<P>I've entered these various expenses as assets of property to avoid any depreciation schedule from being generated. But these don't then show up in the balance sheet. How does this asset flow into the balance sheet? On Line 13?<BR /></P><BR />

I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

No, the election for 1.263(a)-3(n) is not in Home and Business version.

I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

Use Open Forms and search "elections" to get there. Have to fill in description to get it to stay. Shows as "Reg. 1.263(a)-n" instead of elections in forms list.

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I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

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I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

I'm electing 1.263(a)-3(n) capitalization for real estate expenses. As non depreciable assets, how are these added to the property basis?

Unlock tailored help options in your account.

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