Bought land to build a house and just spent $2-3K to vacate and release underlying easements so that we can actually build. Can I increase our cost basis? Where do I?

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1 Best answer

New Member

Jun 5, 2019 11:44:58 PM

Since it's for personal purposes, you'd just track the basis. for when you sell.

New Member

Jun 5, 2019 11:44:58 PM

Since it's for personal purposes, you'd just track the basis. for when you sell.

Level 2

Jun 5, 2019 11:44:59 PM

Thank you.