Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are the costs incurred for site preparation for installing underground tanks eligible moving expenses?

April 26, 2017costs eligible expenses incurred moving site tanks underground

0

Posted

Are the costs incurred for site preparation for installing underground tanks eligible moving expenses?

1 Answer

0

Posted

Underground tanks are generally considered realty and purchased as part of the real estate. If under state law, the underground tanks are personal property and will be moved and used at the replacement site, then they can be considered an eligible moving expense.