@Macy522 - Yes, 0 would be wrong for the sale of most (almost all) capital assets. But @DianeC958 was responding to a question about Timber Sales, specifically . Cost basis for timber is usually zero. Timber basis is not the cost of the property. For a discussion on Timber Basis, see https://www.extension.purdue.edu/extmedia/FNR/FNR_FAQ_2.pdf
