Facts:
A taxpayer owns raw land in another country as an investment. Is there anything to deduct or increase basis when going down to check on it? They would have air and hotel for a few nights to be sure nobody is encroaching on the land.
Any thoughts?
A taxpayer owns raw land in another country as an investment. Is there anything to deduct or increase basis when going down to check on it? They would have air and hotel for a few nights to be sure nobody is encroaching on the land.
Any thoughts?
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