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Investors & landlords
Our land value is about 40% of RMV as evidenced by the property statement for the year purchased.
I would kill for that kind of land to structure value. I try to keep my depreciation cost basis as low as a legally can. There are those who actually think depreciation is a permanent deduction. They learn otherwise the hard way in the year they sell the property.
‎September 26, 2020
1:37 PM