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Asset on balance sheet

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(@Nellie)
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Joined: 4 years ago
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Hi all,

 

I took out a mortgage on my primary residence solely for my business. I do not have the closing documents from the purchase of my primary residence (which occured in 1981). What figure do I use to list this as an asset on my balance sheet? I want to use the assessed value. Would this be correct?

 

Thanks!


   
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