How to Allocate Rental Purchase Prices Between Improvements and Land [Tax Smart Daily 033]

Описание: When you purchase a rental property, you can depreciate the building and the improvements, but not the land. You have to allocate some amount of the purchase price to the land value because the land is not a depreciable asset. Here is how you determine the allocation.
—

Here are 3 ways to get involved:

1: JOIN OUR FACEBOOK GROUP

  / taxsmartinvestors  

If you haven't joined the Tax Smart Real Estate Investors Facebook community, you need to jump on it ASAP! You'll get details on exclusive Live Q&As that I'm doing, updates on everything tax and accounting, and early access to events and content.

2: FREE TRIAL OF OUR NEWSLETTER

https://hubs.ly/H0-r1Tf0

Interested in getting our premium Tax Strategy Newsletter every Tuesday? It breaks down the nuances of real estate investor taxation in an easy-to-read manner and contains investor tools and presentations.

3: WORK WITH US

https://hubs.ly/H0-r1Tf0

Interested in working with our accounting firm at The Real Estate CPA? We are a boutique CPA firm providing advisory, tax, and accounting services to real estate investors and business owners across the U.S.

Let's connect:

Facebook:   / realestatecpa  
LinkedIn:   / brandonha.  .
Twitter:   / therecpa  
Podcast: https://www.therealestatecpa.com/podc...
Website: https://www.therealestatecpa.com/

Subscribe to our Tax Smart Investors Newsletter for exclusive content and tax updates: https://share.hsforms.com/15hwWMEKzTB...