topic Can I use acreage instead of square feet to determine the ratio of FMV of the total compared to the sold acreage in partial sale? What is the FMV of the retained land? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-acreage-instead-of-square-feet-to-determine-the-ratio-of-fmv-of-the-total-compared-to-the/01/455396#M58259 <P>59 acre forest, 47 acres sold and 12 retained.&nbsp; How do I ascertain the FMV of the retained land?&nbsp; The retained lot is the best part of the total acreage and could be valued higher than much of the other due to its buildablity and access to a stream.</P> Tue, 04 Jun 2019 23:11:22 GMT mobster27 2019-06-04T23:11:22Z Can I use acreage instead of square feet to determine the ratio of FMV of the total compared to the sold acreage in partial sale? What is the FMV of the retained land? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-acreage-instead-of-square-feet-to-determine-the-ratio-of-fmv-of-the-total-compared-to-the/01/455396#M58259 <P>59 acre forest, 47 acres sold and 12 retained.&nbsp; How do I ascertain the FMV of the retained land?&nbsp; The retained lot is the best part of the total acreage and could be valued higher than much of the other due to its buildablity and access to a stream.</P> Tue, 04 Jun 2019 23:11:22 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-acreage-instead-of-square-feet-to-determine-the-ratio-of-fmv-of-the-total-compared-to-the/01/455396#M58259 mobster27 2019-06-04T23:11:22Z Yes.  Using acreage for a parcel of land that size would... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-using-acreage-for-a-parcel-of-land-that-size-would/01/455402#M58260 <P>Yes.&nbsp; Using acreage for a parcel of land that size would be an appropriate way to determine the ratio of FMV of the one remaining in a partial sale. <BR /></P> Tue, 04 Jun 2019 23:11:23 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-using-acreage-for-a-parcel-of-land-that-size-would/01/455402#M58260 DDollar 2019-06-04T23:11:23Z This response was helpful...one further question.  Where... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/this-response-was-helpful-one-further-question-where/01/455410#M58261 This response was helpful...one further question.&nbsp;&nbsp;Where do I enter the value of the lot I retained?&nbsp;&nbsp;So far it appears that I have a large capital loss and I want to correct that! Tue, 04 Jun 2019 23:11:25 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/this-response-was-helpful-one-further-question-where/01/455410#M58261 mobster27 2019-06-04T23:11:25Z