For tax purposes
IRS Pub 527, page 7, real property
Settlement fees and other costs … are part of the basis of the property,
Insurance or prepaid insurance
rent prior to the purchase
points and other charges associated with getting the mortgage (see list in the pub)
Also see IRS Pub 551, page 2, real […]
Resolution for 'charges associated issue: 'How to record the purchase of a property (Offices)?' available: Yes.
The charges associated issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the charges associated issue yourself by looking for a resolution described in the article. If it is a complex charges associated issue or you are unable to solve the issue, you may contact us by clicking here or by using other charges associated support options.
For more information about resolving issues related to charges associated in Quickbooks/QBO or to get support for the issue 'How to record the purchase of a property (Offices)?', click the link below: