The value of a taxpayer’s original investment in property, adjusted by the value of subsequent capital improvements and depreciation deductions. See also basis. ">
The value of a taxpayer’s original investment in property, adjusted by the value of subsequent capital improvements and depreciation deductions. See also basis. " />
Adjusted basis
The value of a taxpayer’s original investment in property, adjusted by the value of subsequent capital improvements and depreciation deductions. See also basis.