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Determining value of depreciated improvements to a rental property
How do I determine the value of improvements to a rental duplex held in an LLC when the rental is sold? The total sale price was $157,500, but that included the original structure, the improvements, and the land. All have been depreciated. I have the original paid costs and the total amount of depreciation for each improvement, along with the original structures depreciation.
ā€ˇFebruary 27, 2021
2:22 PM