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March 27, 2025
Question

for an asset(new flooring), Do i combine the cost of materials plus labor to install it?

  • March 27, 2025
  • 1 reply
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    1 reply

    March 27, 2025

    Yes.  The total cost to install it is the new asset price as long as you paid someone else to install.  You cannot include labor for yourself in the cost. 

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