According to IRS rules,interest and real estate taxes incurred during construction of real property improvements must be included in the depreciable basis of the property.

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This is true according to IRS rules. Interest and real estate taxes that are incurred during the construction of real property improvements can be included in the depreciable basis of the property. This helps to offset the overall cost of the construction and can provide tax benefits to the property owner.

According to IRS Rules,interest and Real Estate Taxes Incurred During