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March 3, 2023
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"Enter your property tax info" ....What Year?

  • March 3, 2023
  • 1 reply
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I'm at the screen that is titled "Enter your property tax info".....

I know its trying to determine the % of land value vrs improvements, no questions there. 

But I am wondering WHAT YEAR values do I put? The year I bought the house 2013? Or 2022, when I converted the house to a rental? 

I only ask because when I bought the house the percentage was 25% and now its 40%, so that makes a difference.....

Best answer by mglauner

If you converted the house to a Rental in 2022, you should use those property tax values.

 

Here's more info on Land Value for New Rental Property.

1 reply

mglaunerAnswer
March 3, 2023

If you converted the house to a Rental in 2022, you should use those property tax values.

 

Here's more info on Land Value for New Rental Property.