It is my opinion that the placement fee is added to the investment and realized upon sale of the investment and not currently deductible.
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TUSA & ASSOCIATES CPA, P.C. CERTIFIED PUBLIC ACCOUNTANTS 1818 BELLMORE AVENUE BELLMORE, NEW YORK 11710 | PAUL D. TUSA, CPA, MBA BUSINESS CONSULTANT FINANCIAL & TAX ADVISOR D: 516-785-4999 Ext. 12 F: 516-785-7882 W: www.tusa-associates.com |
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