@KrisD15 @Justin202203 would like a response.
In searching the internet, the places I found say you don't own any specific land. You own a percentage in the common land and common spaces. This link (only one of several...do a search using something like "do you own the land when you buy a condo"
https://www.nolo.com/legal-encyclopedia/buying-condo-what-property-will-you-actually-own.html
In my opinion, unless your RE tax statement or some other document breaks out land from your condo, I would not deduct a land price. How do you determine what percentage of the value of the all the common own land is yours? Others also own a percentage of the land under your condo.
**Disclaimer: Effort has been made to offer correct information; but due to the discussion forum limitations, the poster disclaims any legal responsibility for the accuracy of the poster's response**
