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View Full Version : Accrured Depreciation


rs1
Jul 16, 2006, 12:39 PM
I am a builder developer. I have interest from construction loans that were spec houses that did not sell this year. Interest from land development loans that will not sell until several years later. Can this interest expense be deferred through IRS until the land or the properties
Sell. Or do I have to write it off in the year it is incurred?

CaptainForest
Jul 16, 2006, 09:20 PM
I would recommend that you post this question in the TAXES forum.