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mobart02
New Member

We bought our house in 2002 but refinanced it in 2012. We now have sold it in 2017. For Adjust cost basis is the original cost the 2002 cost or the 2012 refinance cost?

Adjust cost basis for home sale. Is the the refinanced values when we refinanced or the original purchase values?

1 Reply
KatrinaB
Intuit Alumni

We bought our house in 2002 but refinanced it in 2012. We now have sold it in 2017. For Adjust cost basis is the original cost the 2002 cost or the 2012 refinance cost?

It is the original price of the home in 2002.

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