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?
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?
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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