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engintech
New Member

I purchased vacant land 15 years ago and recently sold it. When I input the original cost 15 years ago do I adjust for inflation over this period which is about 2.07%

 
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Marketstar
Level 7

I purchased vacant land 15 years ago and recently sold it. When I input the original cost 15 years ago do I adjust for inflation over this period which is about 2.07%

No, just enter the dollar amount actually paid when you purchased the property


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Marketstar
Level 7

I purchased vacant land 15 years ago and recently sold it. When I input the original cost 15 years ago do I adjust for inflation over this period which is about 2.07%

No, just enter the dollar amount actually paid when you purchased the property


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