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The short answer is that your adjusted basis is what you paid, plus improvements (anything that permanently increases the value: remodeling, new roof, new deck), plus some of the closing costs when purchased.
Here is a more detailed answer:
The short answer is that your adjusted basis is what you paid, plus improvements (anything that permanently increases the value: remodeling, new roof, new deck), plus some of the closing costs when purchased.
Here is a more detailed answer:
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