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Employee
June 1, 2019
Solved

How do I calculate the adjusted basis on my home sale wks?

  • June 1, 2019
  • 1 reply
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Best answer by Lilly Peck

Did you ever rent out this home? If not, the adjusted basis is the price you paid for the home plus the cost of any improvements you made to it. If you rented the home out it is an entirely different matter.

1 reply

Employee
June 1, 2019

Did you ever rent out this home? If not, the adjusted basis is the price you paid for the home plus the cost of any improvements you made to it. If you rented the home out it is an entirely different matter.