- Adjusted Basis (real estate)
Adjusted Basis or Adjusted Tax Basis refers to the original cost or other basis of
property, reduced by depreciationdeductions and increased by capital expenditures.
Example: Brad buys a lot for $100,000. He then erects a retail facility for $600,000, then depreciates the improvements for tax purposes at the rate of $15,000 per year. After three years his adjusted tax basis is $655,000 [$100,000 + $600,000 - (3 x $15,000)] .
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