Removing amortizable asset

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  • S&D Associates
    Member
    • Jan 2008
    • 91
    #1

    Removing amortizable asset

    how do you remove a sec 195 (closing cost) upon sale of the property?
    Tags: None
    • BOB W
      Senior Member
      • Jun 2005
      • 4061
      #2
      It is a cost basis issue. Part of the sale.
      This post is for discussion purposes only and should be verified with other sources before actual use.

      Many times I post additional info on the post, Click on "message board" for updated content.

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