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Thanks. Let's say I paid $58,000 for the property in 1980. The settlement we received regarding this suit uses the year 1989 as the year related to the loss in property value for the homeowner. The improvements you mentioned - do you mean the improvements between the year we bought it (1980) up to the year 1989 (the focal point of the suit)? Or improvements made from the year we bought it up to the present (2018)? Also where does the depreciation figure come from? Hopefully these questions will help someone else as well as us. Because this is all new territory for us, having never received a settlement before. Thanks again.
‎June 6, 2019
7:10 AM