MarilynG1
Employee Tax Expert

Investors & landlords

Use the Land Cost Basis from your original purchase in 2009 when setting up your Rental Property in Property Profile.

 

If you don't have that info broken out from total sales price, use the % of Land/Improvements ratio shown on your current Tax Assesment to calculate Land Cost Basis in 2009.

 

Click this link for a helpful article on Rental Property. 

 

 

 

 

 

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