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Updated over 5 years ago,
Should depreciation cost basis be put in an offer to purchase?
I had an unfortunate experience with our buyer's agent in OH recently. The agent walked away from me and the deal when I asked him to include time limits in an offer, as well as a price breakdown to establish depreciation cost basis.
- Land
- Building
- Personal Property
- Land Improvements
Is what I asked unreasonable? I was told "It's not done that way here."
Does anyone else put the cost breakdown in their offers?