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April 23, 2023
Question

I don't understand adjusted cost base in reference to the selling of my principle residence?

  • April 23, 2023
  • 1 reply
  • 0 views
the explanation only mentions expenses in acquiring not selling.

    1 reply

    TurboTaxSusan
    April 27, 2023

    Yes. The adjusted cost base is the cost of a property plus any expenses to acquire it.