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    pete-carriere
    New Member

    How do I determine what the Adjusted Cost Base is on a house that is more than 40 years old?

     
    posted
    ‎October 30, 2019 11:08 PM
    last updated ‎October 30, 2019 11:08 PM
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    TurboTaxJennifer
    Level 11

    How do I determine what the Adjusted Cost Base is on a house that is more than 40 years old?

    Your Adjusted Cost Base would be the original purchase price plus the cost of any major renovations. 

    View solution in original post

    ‎October 30, 2019 11:08 PM
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    1 Reply
    TurboTaxJennifer
    Level 11

    How do I determine what the Adjusted Cost Base is on a house that is more than 40 years old?

    Your Adjusted Cost Base would be the original purchase price plus the cost of any major renovations. 

    ‎October 30, 2019 11:08 PM
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    1,047
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