PaulaM
Expert Alumni

Investors & landlords

No, this question is referring to the value of your rental unit, not the rent. 

This is usually the purchase price plus any improvements you made that substantially increased its value from the time your purchased the home and the date you placed it in service as a rental. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"