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Investors & landlords
@sri_97 wrote:3) Sold in Jan 2022. So, New Cost basis = Original cost + expenses incurred in #2 + closing costs on sale
Not that it makes much of a difference, but your closing costs (as the seller) would be selling expenses (i.e., deducted from the sales price).
‎April 5, 2022
1:55 PM
2,305 Views