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Investors & landlords
@roger571 wrote:
Do I include the Land value to the Purchase Price of the house when it was acquired?
The purchase price of the home when it was initially acquired should have include the land the home was constructed on. There is no separate land value on a home purchase, unless you are classifying the home purchase as a rental property to depreciate the building only.
‎February 21, 2025
7:11 AM