kevin.s
New Member

No land value for condo rental in Massachuestts

I have own a condo in Massachussetts that I rent out but the property tax bill has no land value. I called the town and they said that they do not have or calculate this value.

How do I calculate this value for depreciation purposes? As background the condo is part of 3 units. There are common stairways and a very little outside common space (just steps & short path in front of building and small area (~100 sq ft) with a a hedge and flowers)

Thanks!