Cost basis is the original purchase price of an asset. Understanding cost basis and how to track it is important for tax-efficient investing. Many, or all, of the products featured on this page are ...

Fortunately, calculating your cost basis is much simpler than this. Photo: Bryan Alexander, Flickr If you want to calculate how much you've gained or lost on an investment, you'll need to know your ...

People invest with the hope of earning a return over time. But what happens when you choose to sell? Cost basis is key to understanding your tax obligations and the true profit of your investments.

An asset’s cost basis is the amount it was purchased for, including any associated fees. An investor’s cost basis is the amount they paid for an asset when they purchased it, including any commissions ...

The tax calculations required for cryptocurrency investments heighten your return’s complexity, and often lead taxpayers to make mistakes during the filing process. For crypto users who use multiple ...

What is cost basis in crypto? In the context of cryptocurrencies, “cost basis” refers to the initial outlay paid for digital assets. It is an important consideration when calculating capital gains or ...

Adjusted cost basis is a figure used in the calculation of the gain or loss a person made by buying and then selling an asset. It is based on the actual price paid for an asset, but includes a range ...

Rental value depreciation is the reduction in the value of rental property over time, most often due to wear and tear. The IRS has determined that a building's value deteriorates over the course of 27 ...

Discover the components and calculation of original cost, including purchase price, commissions, and depreciation, to understand its impact on tax and asset valuation.

What Is the Step-Up in Basis? The step-up in basis is a tax provision that helps beneficiaries lock in the cost basis of assets at the time they inherit them from a benefactor. Many assets such as ...