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How do I find fair market value of principal residence if I was renting an apartment?
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How do I find fair market value of principal residence if I was renting an apartment?
You can use the value on the County Assessors Property Valuation you receive annually.
Also check your Homeowner's Insurance policy for an insured value.
You could ask a realtor to prepare a written statement for you, based on comparative market sales.
Here's some info to help you:
https://turbotax.intuit.com/tax-tips/rental-property/real-estate-tax-and-rental-property/L3e09vT71
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