Anonymous
Not applicable

Investors & landlords

Thank you! I'm trying to calculate the cost basis for the house I bought, I haven't sold any. If I understand correctly, speaking of just closing disclosure, the cost basis would solely be based on the sale price (here I'm only talking about the elements in the closing disclosure, I know there are other things like improvements I did later to get the house rental ready could be counted as cost basis)? The other costs on the closing disclosure can't be included as cost basis?