Calculating Land Value for Condo
I am planning to rent out my condo and would like to calculate the amount of depreciation I can deduct every year. For that, I need to know the “land value” of the condo. How would know what the “land value” of my condo apartment is? It’s not noted in the appraisal. Where can I…
I am planning to rent out my condo and would like to calculate the amount of depreciation I can deduct every year. For that, I need to know the “land value” of the condo. How would know what the “land value” of my condo apartment is? It’s not noted in the appraisal. Where can I ask what it is?
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