Solved: What should I do if I sold land that I have owned for approximately 38 year,and do not remember how much I paid for it?
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What should I do if I sold land that I have owned for approximately 38 year,and do not remember how much I paid for it?

 
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What should I do if I sold land that I have owned for approximately 38 year,and do not remember how much I paid for it?

Have you tried contacting your county clerk for the price of the land? Usually, the county clerk would have historical land values. You would have to know your basis (the cost) in order to correctly calculate your gain/loss on the sale.

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Level 3

What should I do if I sold land that I have owned for approximately 38 year,and do not remember how much I paid for it?

Have you tried contacting your county clerk for the price of the land? Usually, the county clerk would have historical land values. You would have to know your basis (the cost) in order to correctly calculate your gain/loss on the sale.

View solution in original post

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