What tax document do I need?

[Kim Livingstone]

Regarding depreciation on a rental property, I know that depreciation deductions are spread out over the “useful life” of a property. The IRS allows an owner to depreciate the value of the home over a 27.5 year period. Depreciation is calculated with this formula below:

Cost of the Building- Value of the Land = Building Value

Building Value / 27.5 = Yearly allowable depreciation deduction

My question is will I find the cost of the building and the value of the land on my property tax bill? If not, where can I find it?