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New Member
posted Apr 30, 2023 1:15:17 PM

What is a adjusted cost base, it is not a rental property

I dont understand the adjusted cost base on selling my residential house

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Moderator
Apr 30, 2023 5:33:58 PM

The adjusted cost base is the cost of a property plus any expenses to acquire it. It's required on the Designation of a Property as a Principal Residence by an Individual Form -  T2091(IND) if you are selling your Principal Residence.