JohnB5677
Expert Alumni

Deductions & credits

When I advise clients I typically suggest to do exactly what you just did.  Get a city or county assessment and allocate based on percentage.  However, 70% land does not sound correct.  If it were the inverse I'd go with it.

 

You may be able to go to your Condo Association and try to figure out how much of the common space can be allocated to you.

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