sjrcpa
Level 15
02-16-2023
07:28 PM
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I think all of the Organization expenses can start to be amortized.
Yes you can start depreciating the unit that is placed in service and rented.
20% of total costs would be conservative, but maybe not enough. Were there build out costs for this unit? Are all units the same size? Doesn't the contract break cost own by unit?
The more I know the more I don’t know.