Here are only some of the questions that you need to get answered:
What is the entity type?
Who borrowed the funds?
What is loan secured by?
How much is this loan?
What is this building?
At the end of construction, what happens to it?
Who owns that building?
How long will this take to build?
And a very basic comment: You cannot depreciate something that is not In Use (in Service). It cannot already wear out when it doesn't even exist.
*******************************
"Level Up" is a gaming function, not a real life function.
