I sold my daughter my home.   I gave her a partial gift of equity, but large enough to require form 709 to be filled out so that the IRS can count my gift toward my lifetime estate and gift tax exemption.   When reporting the gift on IRS Form 709,  in  Schedule A, Part 1, column D they ask for "Donor's Adjusted Basis of Gift".  I am  not sure what to provide?  Form 709 instructions provided no additional useful information.   Should I report Full Basis for the home, some kind of proportion basis based on amount of the gift, or do I just report the basis the same as the gift amount.  Not sure what they are looking for and why?