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Level 2
March 20, 2021
Solved

Section 266 election

  • March 20, 2021
  • 1 reply
  • 7 views

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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Best answer by itonewbie

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

1 reply

itonewbie
itonewbieAnswer
Level 15
March 20, 2021

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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sandymcAuthor
Level 2
March 22, 2021

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.