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Subject: Re: Another depreciation/basis question | Date: 5/25/2020 10:21 PM | |
Author: katiewa | Number: 14292 of 14304 | |
... because there is still a building on the property, I would say that using the current value of the land as a residential lot would still be appropriate, because that's what the lot was valued as when you put the property into service as a rental. Thanks, AJ. That makes sense. Kathleen |
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