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Any improvements made to the land were only to the portion where the building went in. So no the understatement did not impact the value used for related deprec...
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The land's original basis was allocated due to the intention to subdivide the land into 4 lots. Due to unforeseen circumstances, that never took place and the p...
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Which form do you recommend using to correct just the land basis, having no effect to prior years?
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Which section of form 3115 is used to correct an error for the cost basis of land?
