Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Jun 4, 2019 9:52:51 PM

For my condo, i have only a building value and no land value in town records (property taxes). so should record the building value as the "improvement value"?

0 1 697
1 Replies
Expert Alumni
Jun 4, 2019 9:52:53 PM

Yes, if you have no land ownership as part of your condo, Enter your property values per the property tax records with Land =0 and Improvements= $XXXX. See the screenshot below.