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Re: elkonig post# 152474

Saturday, 10/31/2015 9:25:18 PM

Saturday, October 31, 2015 9:25:18 PM

Post# of 187251
And, going back to those pesky financials you will note that there is a $ 300K line item for a BUILD OUT. That sort of thing can't be expensed, it has to be capitalized and depreciated.

The permit itself could be under anyone's name and it likely was for exactly that: a build-out not construction of the structure itself.