My client is selling some property and had a survey done of the property. How would you classify this expense?
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In terms of Costs the Survey is no different than any of the other closing costs like Legal Fees, Advertising etc
I would say a Survey is just a Professional fee of sorts as you're unlikely to have "Survey Fees" on your Chart of Accounts unless you use them a lot.
Hope this helps !
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Thanks for your help.
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