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🏠 Buying Rental Property

Adjusted Basis

The property's original cost, adjusted over time by improvements, depreciation, casualty losses, and certain other tax events. Adjusted basis is the starting point for calculating gain or loss when ownership ends.

The property's original cost, adjusted over time by improvements, depreciation, casualty losses, and certain other tax events. Adjusted basis is the starting point for calculating gain or loss when ownership ends.

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