Deductions & credits


@anchoragedan wrote:

Though often times inaccurate, you could use the value assessed by the local government property taxing authority. 


Sorry, but that is generally a terrible idea as taxing authorities are all over the map with their assessments and they are made strictly for the purposes of assigning a value for the millage rate multiple.

 

Importantly, the IRS only has to accept an appraisal by a certified real estate appraiser so it is best to go that route in the first place.

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