Adjusted Basis

Adjusted basis is the original purchase price of an asset plus its acquisition costs plus any capital improvements less the cumulative depreciation deductions the owner has claimed during the time of ownership less any previously deferred capital gains.

For example, if an investor purchases a property for $1,500,000, incurs $10,000 in closing costs, makes $50,000 in capital improvements and claims $400,000 of depreciation over the holding period, and had $200,000 of previously deferred gains, their adjusted basis would be $960,000 ($1,500,000 plus $10,000 plus $50,000 less $400,000 less $200,000).

Download The Capital Gains Tax Calculator

Cap Gains Calculator For Investors
Download Calculator

 


Cap Gains Calculator For Investors

Download The Capital Gains Tax Calculator

Estimate the cap gains tax owed after selling an asset or property

By providing your email and phone number, you are opting to receive communications from Realized. If you receive a text message and choose to stop receiving further messages, reply STOP to immediately unsubscribe. Msg & Data rates may apply. To manage receiving emails from Realized visit the Manage Preferences link in any email received.