Solved: Do I need to subtract the value of the land when I depreciate a rental property improvement? (installed new insulation).

Do I need to subtract the value of the land when I depreciate a rental property improvement? (installed new insulation).

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No, the value of the land has already been subtracted from the value of the building. So you do not consider that when you depreciate your improvements.

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No, the value of the land has already been subtracted from the value of the building. So you do not consider that when you depreciate your improvements.

Is there is an error in calculating the cost basis of depreciable real estate property first put into service in 2024? Tttle fees and improvements are NOT being added .

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Do I need to subtract the value of the land when I depreciate a rental property improvement? (installed new insulation).

Do I need to subtract the value of the land when I depreciate a rental property improvement? (installed new insulation).

Do I need to subtract the value of the land when I depreciate a rental property improvement? (installed new insulation).

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Do I need to subtract the value of the land when I depreciate a rental property improvement? (installed new insulation).

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Do I need to subtract the value of the land when I depreciate a rental property improvement? (installed new insulation).

Do I need to subtract the value of the land when I depreciate a rental property improvement? (installed new insulation).

Get more help

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