Investors & landlords


@eleven13 wrote:

So I called the County Appraisal district, and asked them the land value of 2016, which is the year I purchased the house. She gave me a number of the land. However, I purchased the house in November of 2016, should I use the land value of 2016 or 2017? 


Are they so different it would make a meaningful difference on your return?

 

What is the assessment date in your county or state, assessments are usually tied to a specific date (for example, Virginia is January 1.)

 

Use the closest date.  If you are right in the middle, maybe an average would be appropriate.