Apr 30, 2026
Selling an Investment Property – Make Sure to Add All Your Expenses
Real Estate Checklist for Calculating Cost-Basis & Selling Expenses A property’s gain is computed as: Amount Realized (sale price − selling expenses) − Adjusted Basis (purchase price + acquisition costs + capital improvements − depreciation/credits/exclusions). Every dollar properly captured on either side generally reduces taxable gain. Most taxpayers under-report basis because settlement statements get filed […]
