Hi there,
Thank you for answering my question and I just now ranked the answer. I sent out another question to you yesterday as the below:
While I was trying to find out what can or can not be included in cost basis with the property sold, there is a charge of $150 called, Capital Contribution, under the category, Adjustments for items paid by seller in advance. I am not sure what it is and can it be included to the cost basis.
In addition, here I just wanted to make sure the followings can't be included in cost basis besides those obvious fees: Lender's Inspection Fee, Tax Service Fee, Flood Cert Fee and Processing Fee. "
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Thank you,
Sdong258
