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Investors & landlords
im a still a little confused. since we sold it this pass year. again (sold it to my MOM) for $1.00
Cost of sale would be the price that you paid for the property plus the cost of any capitalized improvements (replacement roof, water heater, remodel costs).
- this date would be from back in 2007
- or
- the date we sold it to my MOM in 2021
Date of purchase would be the date of closing of the purchase.
- date of closed back in 2007
- or
- last year 2021
Date of sale is the date of closing of the sale.
- the day the deal was closed in 2021 to my mom
March 24, 2022
7:19 PM