Deductible expenses or acquisition costs
Hello,
The following costs were incurred when purchasing a condominium:
Consultation and examination of building description (architect)
Credit report
Examination of purchase contract (lawyer)
Costs for KFW funding application
Question: Are these advertising costs or ancillary acquisition costs that can only be considered within the scope of the depreciation allowances?
Depreciation allowances only begin in the following year, as depreciation can only begin once the apartment is completed. Is this correct?
Thank you for answering the question.
