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Updated over 17 years ago on . Most recent reply presented by

Account Closed's profile image
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Account Closed
  • Real Estate Investor
  • from Alabama
  • Member since Jan 8, 2008
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from Alabama
  • Member since Jan 8, 2008
Connect
Account Closed
  • Real Estate Investor
  • Alabama
0
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5
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Tax, SDIRAs & Cost Segregation

Land value for condominiums

Account Closed
  • Real Estate Investor
  • Alabama
Posted

Hi,

I just bought a a condo in a large building of 20+ condos, it is currently being rented out to a tenant. I am trying to figure out what my building / land ratio would be, for depreciation purposes.

How exactly do I find this? According to the online accessor page for my condo the land value is 0. Is this right? Or should it be the building's land value divided by the number of condos on the land?

Thanks,
Rishi

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