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Updated about 8 years ago, 12/28/2016

User Stats

39
Posts
15
Votes
John McAuley
  • Investor
  • Oxford, NC
15
Votes |
39
Posts

Expenses for homes that did not close

John McAuley
  • Investor
  • Oxford, NC
Posted

Hey Guys,

I had several expenses this year associated with homes that we ultimately did not close on (inspections, termite inspections, etc.). Are those treated like normal business expenses against my LLC for tax purposes or how exactly will those be handled? Thanks.

John

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