Max W Posted July 8, 2017 Report Share Posted July 8, 2017 Client purchased a restaurant franchise late in 2016. Restaurant did not start operating until April 2017. The question - is the franchise fee a startup cost, which would be amortized over 15 years, starting in 2016; or does amortization (also 15 yrs) begin in April when operations started? Quote Link to comment Share on other sites More sharing options...
BHoffman Posted July 9, 2017 Report Share Posted July 9, 2017 Pub 535 says the amortization would begin on the date the restaurant opened for business. 2 Quote Link to comment Share on other sites More sharing options...
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