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Level 2
Mar 20, 2021 9:42 PM UTC
Solved

Section 266 election

I want to make an election under Sec 266 to capitalize the real estate taxes on some raw land.  I do not see this election in ProConnect.  Anyone else know if it is there an how to find it?

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itonewbie
itonewbieAnswer
Level 15
Mar 20, 2021 9:53 PM UTC

Under Other > Elections, click on the Other tab, and scroll down to the section for Election to Capitalize Taxes & Carrying Charges.

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2 replies

itonewbie
itonewbieAnswer
Level 15
Mar 20, 2021 9:53 PM UTC

Under Other > Elections, click on the Other tab, and scroll down to the section for Election to Capitalize Taxes & Carrying Charges.

---------------------------------------------------------------------------------Still an AllStar
sandymcAuthor
Level 2
Mar 22, 2021 3:10 PM UTC

Yes, thanks!  I forget to look up at the top for options and tend to only scroll down the options link page looking for the right place.