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Land Value of Condo Investment

Started by lovetocook

about 12 years ago

Posts: 171

Member since: Sep 2010

Discussion about

How do I determine what the land value is on my investment condo? Help!!!!

Response by front_porch

about 12 years ago

Posts: 5321

Member since: Mar 2008

I assume that you're doing your taxes, and you're trying to come up with a depreciable basis.

I would just ask an accountant based in whatever state the condo is based in if there's a percentage rule-of-thumb that he or she uses.

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