REG Practice Questions: Calculating the Basis of Intangible Assets, Including Start-Up Costs

In this video, we walk through 5 REG CPA exam practice questions on calculating the basis of intangible assets, including organization costs, start-up costs, and loan costs. Important Links Link to the free study training webinar mentioned in the video: https://www.superfastcpa.com/strategic-study See the full post for this video: https://www.superfastcpa.com/reg-practice-questions-explained-calculate-the-basis-of-intangible-assets-including-start-up-costs/ See the other REG walkthrough videos here: https://www.superfastcpa.com/free-reg-cpa-practice-question-walkthroughs/ 0:00 Intro 00:54 Question 1: Calculating the total basis of intangible assets acquired 02:32 Question 2: Calculating deductible start-up and organizational costs 07:45 Question 3: Determine the correct amortization period for intangible assets 10:07 Question 4: Calculate the original basis, including loan fees 12:45 Question 5: Calculate what is immediately deductible for start-up and organizational costs 15:57 Pillar Topics