at what points do portions of construction-related added value (improvements to real property) get treated as assets? e.g., groundbreaking; foundation completion; going "vertical," etc.
Am I missing something here? Why are we discussing these particular "soft costs" when Sulja is not the general contractor, but rather the broker/supplier of the construction materials such as cement, lumber and structural steel for these projects, nor are they involved in purchase or ownership of the land as a materials supplier. Why would these items figure into Sulja's costs? Sorry if I haven't read something that would explain this (maybe we have been conveyed ownership in the project that I don't know about) but correct me if I'm off base here.
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