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Accounting & Bookkeeping & Small Business Forum
Accounting, Bookkeeping, Marketing, and Small Business Resource
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russ mac
Joined: 16 Apr 2008
Posts: 1
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| Posted: Wed Apr 16, 2008 10:05 am Post subject: Straight Line Rent and associated expenses |
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| According to GAAP rent contracts with built in escalators must be straight lined over the life of the lease. Can you also amortize the broker and legal fees associated with originating the lease? |
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Ken
Joined: 17 Aug 2005
Posts: 166
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| Posted: Wed Jul 23, 2008 5:49 pm Post subject: |
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| Typically all of those fees can be included. |
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