George4Tacks
Level 15
04-10-2021
10:18 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Historically county assessments are simply guesses. Getting a "real" appraisal for the value of land vs improvements is what would be best. I would be inclined to ignore the county assessment. The house is being sold with the land as a whole unit. One sale, no allocation. Since the house was completed less than a year ago you have short term gain or loss on the sale.
Here's wishing you many Happy Returns