Determining Cost Basis for Sub-divided Land

Samir

VIP Member
Joined
Aug 15, 2013
Messages
378
Reaction score
39
Country
United States
I have a client who bought a piece of land and has sold it off after sub-dividing it. What is the cost basis for each piece?
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,666
Messages
27,639
Members
21,470
Latest member
Batty

Latest Threads

Top