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Updated about 9 years ago on . Most recent reply presented by

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21
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4
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Greg Fox
  • Investor
  • Lowell, IN
4
Votes |
21
Posts

Land vs structure value

Greg Fox
  • Investor
  • Lowell, IN
Posted
I heard on a podcast during the sale to put in writing the value of the land versus the structure to maximize the depreciable amount. In other words we inflate the structure price and minimize the land value over standard assessment. Has anybody out here done that and can tell me how to do it? Is this a legal and acceptable practice? Thanks

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