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Agree with both ILLMAS and BulldogTom above. Also, when you have the amounts pinned down, be sure to issue 1099s for each year the theft occurred. Embezzled funds are taxable income to the thief.

Allocate the total of the appraisal and broker fee ratably to each of the assets purchased and use the appropriate lives allowed for whatever type of asset it is. Some will be allocated to land that is obviously nondepreciable. Remember you are also supposed to attach the 8594 to the return, so I would also include a schedule showing those amounts and then the allocation of these additional costs to arrive at the totals of each category. On this reconciling schedule, I'd use a generic label for these additional costs, something like "other acquisition costs capitalized."

These fall under § 1.263(a)-5 - Amounts paid or incurred to facilitate an acquisition of a trade or business, a change in the capital structure of a business entity, and certain other transactions. Here's a link to that: 1.263(a)-5(a)(1): and the please see 1.263(a)-5(e)(2)(i) in the same linked page above regarding the appraisal that falls within the definition of certain acquisitive transactions that are considered "inherently facilitative", meaning that these appraisal costs must be capitalized no matter when they are incurred and one cannot use the bright-line date tests outlined in 1.263(a)-5(e)(1)(i) and (ii)

I have to take my hats off to Abby Normal. I should hesitate because there are so many other great people on this board that should be mentioned. I am notorious for my cumbersome phraseology. Often I will ask a question and get responses from good people who, from their responses, are unclear what I am asking. This is my own problem, and not anyone else's. Often I have to repeat myself, and the conversation runs in many directions, very much like a "circular reference" in Excel. Occasionally you meet someone who can perceive what is in your mind - to the extent they know what you are saying before it ever comes out of your mouth. Hopefully, in your years of human experience, you have encountered a few such people. Abby Normal seems to know exactly what I am asking, why I'm asking, as if he is in my own shoes sharing the subject. Not just once, but consistently over and over again. I met this Abby Normal (and forgot his real name) at the gathering at Rita's in 2018, which was a delightful event for myself and my wife. Again, there are a number of helpful people in this community and I don't want to lessen their contributions by not mentioning them. Thanks to all who have put up with my awkward choice of words. Abby, wherever you are, please stay with us...

Yeah, it's pretty easy. Uploading was always a problem for me, though. I haven't done one in a while, but here are my notes: FBAR Filing Instructions 1. Use Internet Explorer 2. https://bsaefiling1.fincen.treas.gov/BSALoginMain 3. E-Filing System Login password expires annually(?). 4. Select Report 114 - FBAR 5. Open a New Form 6. Must open in Adobe inside Internet Explorer. 7. Enter a name and save the file locally in client's folder. 8. Complete form, sign and save. 9. Click Manage PIN under Filing on left side to see and copy PIN. 10. DO NOT CLICK SUBMIT IN FORM. Close the form. Click Submit FinCEN Report on left side of the website just above where you just got the PIN. You'll need to paste the PIN in again. 11. Upload saved PDF. NOTE: If you did the FBAR last year, you can copy, rename, edit, save, sign and upload that PDF to save time.