Re: rental was set up with $141,000 with $10,000 for land cost. $131,000 was depreciated basis. Rental was sold, how do i determine what percentage of the sales price to attribute to the land?

Just-Lisa-Now- · ‎03-08-2022

Im in CA, the chance of a property selling at a loss is slim to none, but I get what you're saying.

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