Technical topics regarding tax preparation.
13-Jun-2019 1:18pm
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I have client and need a little guidance.
The partnership bought a building in 2016 for 10 million, never placed in service and immediatly started doing renovations. In 2018 my firm did a cost seg on it and we have partially disposed assets about 1.6m with 1.3 being the 39 year property. So, can we claim abandonment on the 39 year property?
13-Jun-2019 10:48pm
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I’ll tell you this there is a thread on this board somewhere that addresses this question. I’ll try and find it.
13-Jun-2019 11:07pm
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14-Jun-2019 7:30am
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