I found a problem, I didn't put any improvement value. That's why it wasn't showing any cost basis on building.
Okay, I have property tax information for my rental property. I'm not sure which is to put down for improvement value.
Buildings
Appraised (just)
Assessed (estimated)
Which one should I put down for improvement value?
Also, if it said $150,000 for value, do I subtract it from land value? EX: $100,000 for improvement and $50,000 for land.
(I'm using online version and personal taxes. The website for TurboTax looks very different from your screenshots.)
Thank you for your time!
