Adusted Tax Basis

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January 1, 1 5 min read Definitions

Cost Basis Adusted Tax Basis Capital Improvements Depreciation Real Estate Investment Capital Gains Real Estate Transactions

Cost basis refers to the original value of a property for tax purposes, adjusted over time for improvements, deprecation, and other related factors. This concept is fundamental in real estate transactions for determining capital gains or losses upon the sale of the property.