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Real Estate Glossary


- Adjusted cost basis

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Adjusted cost basis
The cost of any improvements the seller makes to the property. Deducting the cost from the original sales price provides the profit or loss of a home when it is sold.

Related Terms
Basis Point
Cost-plus contract
Adjustable-rate mortgage (ARM)
Cynic
Capital expenditure
Home equity conversion mortgage
Book value
Accelerated cost recovery system
Needs-based pricing
Life-cycle cost analysis
Incurable defect
Annual Percentage Rate (APR)

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