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Land Value

Analyze property data to recommend land value percentages for IRS depreciation.

Updated Mar 10, 2026
Search Tags:#IRS#tax#hospitality#depreciation#real estate appraisal#land value
One-click install
npx skills add https://github.com/ricardocidale/hbg-screens --skill land-value
Or copy as Structured Prompt for Agent▼
Please help me install this Agent Skill.
Skill: Land Value
Source: https://github.com/ricardocidale/hbg-screens/tree/main/.claude/skills/research/land-value
Command: npx skills add https://github.com/ricardocidale/hbg-screens --skill land-value

SYSTEM DOCUMENTATION & REQUIREMENTS

💡 This Skill includes references (resource) components.

What problem does it solve?

This Skill helps real estate professionals determine the appropriate percentage of a property's purchase price attributable to land for IRS depreciation purposes, ensuring compliance and optimizing tax benefits.

Core Features & Use Cases

  • Land Value Allocation: Recommends a land value percentage based on property type, location, and market comparables.
  • Depreciation Calculation: Computes the financial impact of the recommended land allocation on depreciation and tax shields.
  • Use Case: A real estate investor purchases a suburban hotel. They need to accurately allocate the purchase price between land and building for IRS depreciation. This Skill provides a defensible land percentage and calculates the resulting annual depreciation.

Quick Start

Use the Land Value skill to determine the land value allocation for a new urban hotel acquisition.

Frequently Asked Questions about Land Value

High-intent search queries and answers about installing and using this skill.

FAQPage Schema
How do I calculate land value allocation for IRS depreciation on a hospitality property?▼

To calculate land value allocation for IRS depreciation, analyze the property's location, acreage, market prices, tax assessor ratios, and comparable sales to recommend a defensible land percentage and compute the resulting depreciation basis.

What is the best way to determine the land to building ratio for a hotel acquisition?▼

The best way to determine the land to building ratio involves analyzing market land prices, tax assessor ratios, and comparable sales to recommend a land percentage that optimizes your tax shield for the hotel acquisition.

How do I separate land and improvements value for real estate appraisal purposes?▼

You separate land and improvements value by evaluating location type, acreage, and comparable sales data to generate a land value allocation percentage used for real estate appraisal and IRS compliance.

Does the land value allocation method use tax assessor ratios and comparable sales?▼

Yes, the land value allocation method uses tax assessor ratios and comparable sales alongside market land prices and improvements to recommend a defensible land percentage for depreciation calculations.

Why does land value allocation matter for real estate depreciation and tax shields?▼

Land value allocation matters because land is non-depreciable, so accurately calculating the building basis maximizes your annual depreciation tax shield while ensuring strict IRS compliance for hospitality properties.

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