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Does Fair Market Value refers to total value of the rental property or what you rent the house out for monthly?
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June 6, 2019
4:14 AM
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Investors & landlords
It depends on what you're talking about. See this previous TT answer: https://ttlc.intuit.com/questions/2979711-when-entering-fair-market-value-for-a-rental-is-it-entered...
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
June 6, 2019
4:14 AM