You'll need to sign in or create an account to connect with an expert.
The gain will be based off your basis.
The basis will be the cost (purchase price), improvements, and selling costs.
How much you borrowed or put down is irrelevant.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
djmaldonado33
New Member
prasadbhusa
New Member
prasadbhusa
New Member
jordansdg
New Member
prasadbhusa
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.