I bought a house 190k. Town tax assement is 250K (land:110K, Addition (building ):142K.
Can I use the ratio of town asssement to calculate the building value for tax depreciation?
142/250 x 190=107K?
Thanks
I bought a house 190k. Town tax assement is 250K (land:110K, Addition (building ):142K.
Can I use the ratio of town asssement to calculate the building value for tax depreciation?
142/250 x 190=107K?
Thanks