Adjusted cost basis is a figure used in the calculation of the gain or loss a person made by buying and then selling an asset. It is based on the actual price paid for an asset, but includes a range ...

One term you’re likely to hear during tax season is adjusted basis. What is adjusted basis? First, let’s define basis. Your basis in property is the starting point for deciding whether you have a gain ...

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...

As discussed in Q 8609, gain or loss is measured by determining whether the amount received in a sale or exchange of property was more or less than the taxpayer’s “basis.” If the amount received is ...

Readers of this column seem to love items on real estate and taxes. So this one on real estate taxes should be a real crowd pleaser. After my recent columns on tracking the cost basis of stocks and ...