I'm confused about (1). My cost basis is purchase price + fees at the time of purchase. My depreciation basis for the rental was the Fair Market Value because a...
My situation is the primary residence that was converted to rental before selling it in 2021. We refinanced it once while it was still the primary residence in ...
I'm confused about refinance fees and the cost basis.It seems that the IRS Publication 551 specifically states that refinance costs can't be added to the basis....
It seems that the IRS Publication 551 specifically states that refinance costs can't be added to the basis.Could somebody please clarify this?Here is a quote fr...
