@Carl ,
Sorry I'm a bit slow when it comes to this, but I had to read your post a couple of times to understand the "COST" and "COST OF LAND" that you wrote in your thread.
If you don't mind sharing the other way to calculate this, I'm interested in learning it. The more I learn about this, the more helpful it becomes when tax time comes. I think I'll go ahead and plug in some numbers to see how it works out. Thank you in advance for all your help @Carl !
