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Are there different ways to calculate the cost basis for a rental property in Los Angeles, CA? (The only way suggested here is to use values on property tax bill)
This home is in Los Angeles, CA. I am wondering if there are legitimate ways to justify the the land value is less that what is specified on the property tax statement, or make a case that the building is actually worth more that what the property tax office says it is.
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‎April 7, 2023
10:26 PM