4 min read
Real Estate Sale Proceeds vs. Cost Basis Explained
4 min readSale proceeds represent the cash you receive from selling real estate. Cost basis is necessary for calculating capital gains or losses for tax purposes. Accurate records and proper documentation help you avoid costly mistakes. Strategic adjustments to your cost basis can increase your after-tax profit. Understand how deductions, net proceeds, and sale proceeds relate […]Continue reading "Real Estate Sale Proceeds vs. Cost Basis Explained"