condo depreciation

[annimal2004]

Since only Improvements can be depreciated, I'm wondering how to determine the land value for condo. I heard some people said condo has no land value, but I did see the land Assessed Value in public record. Here is an example:

[M-MTax]

Use the percentage........total to improvement value but not the actual values.

[M-MTax]

So your basis for depreciation would be roughly 70% of your total basis.