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Community: Investing Wiki

Term Of The Hour

property cost basis: Original post by C. Taylor of Demand Media Inherited real estate's cost basis steps up to avoid tax on appreciated property. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/251/173/87641646.jpg?w=700&h=700&keep_ratio=1 Jupiterimages/liquidlibrary/Getty Images The cost basis for real estate is used to calculate the profit gained when you sell a property.…

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