Thank you! I decided not to depreciate those appliances. I got another question wanna double check with you though! How do I calculate the land value? The original contract doesn’t have the land value list out, is there a general percentage I can use? The property value basis, should I just use the exact amount I paid for it? On the contract there’s a sell price but the seller issued some credit, I’m just wondering if I should use the sell price or the price I paid, which is after the seller credits. Thank you!
