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Get your taxes done using TurboTax
Check your deed and other ownership documents. Contact the HOA if you don't have a copy of the documents that describe the allocation of the land ownership. Typically, there is a land allocation even for an upper floor condominium if the property has common grounds.
Does your property tax bill actually have a land breakout that shows zero allocation? Contact the local tax assessor's office for any questions about the bill.
See this TurboTax tips article for more information about deducting rental depreciation.
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‎April 14, 2025
9:26 AM