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Investors & landlords
@SuzyQ727 wrote:answer given by @M-MTax who says the following: "...it doesn't matter whether you allocate to land or not....the whole thing comes out in the wash....
It doesn't matter provided you have the exacts sales price, basis, and accumulated depreciation (not that this is not an issue for TurboTax, depending upon how the transaction is entered).
‎February 19, 2026
4:27 PM