- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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.
‎August 1, 2022
12:25 PM
7,812 Views