IRonMaN
Level 15

"With that being said many tax preparers just ignore the non-real estate items and lump it all together with the real estate."

What is the real value of a 15 year old stove?  A 17 year old refrigerator?  Were those items factored into the value of the property or were they so trivial that they were ignored and only thing that mattered in the purchase was the real estate itself.  The seller was happy to leave those things in the building so he didn't have to pay to haul them to the dump 😁


Slava Ukraini!