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I don't know how to fill in the house sale stuff. What is the cost base at disposition?
How am I supposed to figure all that out when we lived there for over 30 years?
October 31, 2019
4:43 AM
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Investors and rental owners
The term "cost base at disposition" basically means what was the price of the house when you first bought it 30+ years ago. If this was is your primary residence for all these years - you should not pay income tax on the proceeds of this sale.
October 31, 2019
4:43 AM