It's a condo that I rent out. On the tax records, it says, "65,000 for the land and 70,400 for the improvements." This was under an LLC in January 2008 when I bought this with me maintaining 1/2 ownership. Under the LLC, we filed under a pass through entity so we each got our K-1. Unfortunately, I don't have the tax I filed since it's been awhile back. I bought it out right for the same price and am now the sole owner since 9/2014.
Thank you for such detailed response.
