- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Thanks Carl. When calculating the basis, do I make the prior depreciation/improvements adjustments before or after accounting for the land portion of the cost?
ie, do I add up the actual cost, then take the percentage of structure value THEN do the adjustments OR
I take the actual cost, do the adjustments, THEN adjust for structure value?
I think it is the first one but want to be sure.
‎April 13, 2022
5:05 PM