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Land Value |
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Land Value How much land and the improvements on it are worth, especially in its sale. One calculates capital gains (or losses) on the sale of land by subtracting the land value at purchase from the land value at sale. Generally speaking, land value increases over time, but this is by no means a universal rule. Land Value The value of the land in a sale of real property that includes both land and improvements to the land, suhc as a building. Such a sale must be reported as two sales on the tax return: (1) land, and (2) improvements. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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