Asset Information for a rental home includes Cost/Cost basis AND Cost of Land. Does the Cost/Cost Basis INCLUDE the value of the land or is this just the HOUSE only?

[DDollar]

The way the program asks the questions it includes both the cost of the house and the land.  The program will then ask you about the tax allocation between the land and the house on your tax bill (or tax assessor's web site) so that the program can take that same ratio (between land & improvements) and apply it to the total cost of the house and land to get the basis of the house for depreciation.