I'm currently reading and researching before committing to purchasing an IP.
In my journey, I'm buying a few books, and as part of my 'due diligence' before I actually purchase a property, I know that I will need to do some serious number crunching (and am, therefore, anticipating having to purchase at least one piece of software).
However, because these purchases are being made prior to any property purchase (and, as such, aren't actually yet expenses associated with a purchase), will I be able to claim these as expenses once a purchase is made?
TIA.
In my journey, I'm buying a few books, and as part of my 'due diligence' before I actually purchase a property, I know that I will need to do some serious number crunching (and am, therefore, anticipating having to purchase at least one piece of software).
However, because these purchases are being made prior to any property purchase (and, as such, aren't actually yet expenses associated with a purchase), will I be able to claim these as expenses once a purchase is made?
TIA.