Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago on .
Most recent reply
presented by

Land value for taxes.
I'm looking for help in determining the value of the land of my Indianapolis rentals. In order to calculate my depreciation I need to subtract out the value of the land from the total cost of the property but I don't know where to get it from. it isn't listed on my property tax statement. is there a rule of thumb I could use? My rentals are in C class neighborhoods. One property is on North Capitol Ave. and all are similar to that one. Any suggestions are greatly appreciated.
Josh