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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.
‎February 17, 2023
11:45 AM
2,828 Views