How to determine building value of a short sale property for dep

I bought a house 190K. The town tax assement 250K(land:110K and the building 142K)

How to determine the building value for depreciation in tax return?

Can I use the ratio of the town tax assement to calculate the building value? 142/250x190=107K

Thanks

所有跟帖： 

• You shall ask tax professional -texastrader- ♂ (188 bytes) () 04/29/2011 postreply 15:08:58

• I use 190k-110k -jy101- ♂ (0 bytes) () 04/29/2011 postreply 15:31:39

• 你的算法是正确的。 -凌长老- ♂ (27 bytes) () 04/29/2011 postreply 16:22:30

• 回复：你的算法是正确的。 -qingluo22- ♀ (13 bytes) () 04/29/2011 postreply 17:07:27

• That's correct. You should use conuty proportion ratio to get -RE8888- ♂ (0 bytes) () 04/29/2011 postreply 17:07:49