Proceeds of Disposition
The selling price of the property disposed of. The proceeds of disposition may also be compensation received for property that was expropriated, destroyed, damaged, or stolen.
Adjusted Cost Base
This is usually equal to the acquisition cost of the property, plus the expenses incurred to acquire the property and the cost of any additions to it. Examples of expenses incurred to acquire property include legal fees, surveyor's fees, and assessment or brokerage fees.
Disposition date
The date of disposition is the day you sold, got rid of or lost the property.
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