MGC94
Level 7
11-18-2024
09:17 AM
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Taxpayer owns a storage unit (sch C)
He added a new building to it to hold more units
The cost of the building was $46,671. Taxpayer put down a deposit of in March of $5,500. He paid the remaining balance in June.
What is the best way to take this write off or correct way?
Thank you for your help...
Best Answer Click here
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