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URL:  http://boards.fool.com/vkg-depreciation-basis-is-improvements-plus-29215393.aspx

Subject:  Re: To become a landlord or not ? Date:  4/4/2011  12:24 AM
Author:  JAFO31 Number:  112935 of 121564

vkg:

{{{Depreciation basis is improvements plus cost of structures: 128K + 80K = 216K.}}}


<<<I think that's $208k.>>>

"You are right."

Except you cannot depreciate land, so original basis needs to be allocated.

Regards, JAFO
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