Buying a Used Commercial Building: Request the Improvement History
Know what changed before purchase without confusing the seller’s historical tax basis with your acquisition records.
TOPIC COLLECTION
Acquisition records
A focused reading path from Owner Occupied. Start with the question closest to your situation, then review the linked sources and documentation steps.
Commercial Closing Costs: Map Every Charge Before Setting Building Basis
A purchase-statement review that distinguishes property costs, financing charges, prorations, and other payments.
Building Your Own Premises: Separate Construction, Financing, and Operating Costs
Create a cost ledger that follows the actual project instead of treating every payment before opening as one building expense.