Improvements may be added to the cost basis of an asset.
"Our cost basis for the baseball team is $350 million."
If so, would the cost basis be the value on the date of transfer?
He would then have a cost basis of $12.80 a share.
Its development has been stopped, mainly on the cost basis.
The apartment, which had a cost basis of $100,000, sold for $700,000.
Those gains could be significant since the cost basis of starting a cable service years ago are relatively low.
Although I paid $116 a share, my cost basis will be much lower.
His cost basis for the eight holdings is roughly 20 percent of their current value.
But it was not clear yesterday how high the cost basis would be.