I sold my home last year and am trying to figure out how to fill out the Adjusted Cost Basis details in the Adjusted Cost Basis EasyGuide tool, but the info on the Closing Statement from my purchase doesn't align to the fields in the tool. Some of these I can easily figure out, but others not so clear. Would appreciate if someone could help align them for me,
Tool shows:
Original Cost
Abstract and Recording Fees
Legal Fees, Title Search, Documentation Preparation
Land Surveys
Title Insurance
Transfer or Stamp Taxes
Seller's Expenses You Paid
Other Fees
My Closing Statement:
800 Items Payable In Connection With Loan
- 802 Loan Discount (Points)
- 803 Appraisal/Property Evaluation Fee
- 804 Credit Report Fee
- 808 Tax Service Fee
- 811 Application Fee
- 838 Commitment Fee
900 Items Required by Lender to Be Paid in Advance
- 901 Prepaid Interest
- 903 Hazard Insurance Premium
1000 Reserves Deposited with Lender
- 1001 Hazard Insurance Reserves
- 1004 County Property Tax Reserves
- 1020 Aggregate Accounting Adjustment
1100 Title Charges
- 1101 Settlement/Closing Fee - Purchase
- 1103 Title Examination
- 1108 Title Insurance
- 1125 Courier Fee
1200 Government Recording & Transfer Charges
1300 Additional Settlement Charges
