use purchasing price.
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plus any items need to be capitalized instead of expensed.
-BestestMom-
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01/16/2013 postreply
11:08:15
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rehab 算 capital 还是 expense
-sneezy888-
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01/16/2013 postreply
11:19:13
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capitalize big ticket item that is more than $600.00. expense sm
-BestestMom-
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01/16/2013 postreply
11:31:56
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问题是买价包括地价和房子两部分。我理解是折旧
-huhu88-
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01/16/2013 postreply
11:21:44
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用property tax 上的比例。turbo tax
-sneezy888-
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01/16/2013 postreply
11:26:36
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有道理。就这么计算啦。
-huhu88-
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01/16/2013 postreply
11:46:39
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Purchase price - Land Value = Building Value. land value usually
-BestestMom-
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01/16/2013 postreply
11:28:54
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City/town assessment value including both land and building
-knp-
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01/16/2013 postreply
15:49:10