I bought a commercial parcel of land under a LLC elected to be Scorp.  Paid in cash $200K.  I paid $6828.53 in property taxes.  I also paid about $700 for liability insurance. Moreover, I also paid a yard guy to maintain the grass for about $130 a month. This parcel of land will be intended to build a commercial building in the next three years.  Can I claim any of them as business expenses and file loss while I'm waiting to build in Form 1120S? Or can I include these expenses in total cost/basis of the commercial building?