@SuzyQ727 wrote:
This is demonstrated in cases where the FMV land-to-building ratio thus, the depreciation ratio, changes over time and with different market conditions. I'm not even going to try doing that, 'cause I'd be the one to get audited.
Yes, but the issue there is the change in ratio, where the land becomes more or less valuable over time, would not change the depreciable basis for the building and whatever is depreciable that was built on the land.
