You'll need to sign in or create an account to connect with an expert.
The basis for your home would be the Original Cost, not the refinanced purchase price.
Your Original Cost basis may be adjusted for various items after you acquired it such as:
The basis for your home would be the Original Cost, not the refinanced purchase price.
Your Original Cost basis may be adjusted for various items after you acquired it such as:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
mag1949
Level 1
herndon_scott
New Member
ojmn
Returning Member
starkyfubbs
Level 4
mag1949
Level 1
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.