急啊, 再次請教壇子裏的GGJJ們, tax question

When you use turbo tax for rental property, calculating the Assets/ Depreciation
 

It asks:

 

Land Value Explain This
	Improvement Value (Includes buildings, structures, fences, decks, etc.)

 

When I went to assessor's website and put my rental property PIN there, it has:

 Assessed Valuation

	2011 Assessor Certified Assessment	2010 Board of Review Certified
Land Assessed Value	816	816
Building Assessed Value	22,726	22,726
Total Assessed Value	23,542	23,542

 

 

Property Characteristics

Estimated 2011 Market Value	235,420
Estimated 2010 Market Value	235,420
Description	Residential Condominium
Age:	45
Land Square Footage	40,222

 

Which number should I fill into my turbo tax here for Land Value/Improvement Value? This is one of my rental properties which reside in the other state.  I haven't received any mails from the local assessor's office for a while.

 

Thanks, deeply appreciated!

 

所有跟帖： 

• 回複：急啊, 再次請教壇子裏的GGJJ們, tax question -jjj7- ♂ (463 bytes) () 04/17/2012 postreply 07:23:57

• for depr - use your purchase price - 20% allocate to land and 80 -happytime- ♀ (93 bytes) () 04/17/2012 postreply 07:41:38

• Thanks so much! -lala111- ♀ (99 bytes) () 04/17/2012 postreply 08:15:21