Architectural fees

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  • Florida_EA
    Senior Member
    • Aug 2017
    • 153
    #1

    Architectural fees

    Are architectural fees expensed or capitalized? The property might be developed in the future and nothing other than architectural design and basic planning has been done.
    Tags: None
    • ATSMAN
      Senior Member
      • Jul 2013
      • 2415
      #2
      Originally posted by Florida_EA
      Are architectural fees expensed or capitalized? The property might be developed in the future and nothing other than architectural design and basic planning has been done.
      Capitalized as start up cost or added to basis of the property depending on the situation.
      Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR

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