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 almost 4 years ago on .
Most recent reply
presented by
Calculating depreciation without a breakout for land vs bldg/impr
I bought a short term rental property in Walton County Florida. My property tax assessment doesn't show a breakout for the land vs building/ improvements. I've used that breakout to help calculate depreciation on my California properties. I'm a bit confused on how to handle depreciation on this one. Any ideas? I'll talk it over with my CPA closer to filing time, but I'm curious for some insights now if anyone can share.
Thanks!
Most Popular Reply
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
- CPA, CFP®, PFS
- Florida
- 3,299
- Votes |
- 4,133
- Posts
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
- CPA, CFP®, PFS
- Florida
Any reasonable methods would be accpetable. Just do not be too greedy :).
- Ashish Acharya
- [email protected]
- 941-914-7779
INVESTOR FRIENDLY CPA®
217 Reviews
4.9 stars