Anita Robinson, EA, NTPI Fellow, Oregon LTC

Today, I wrap up my series on basis with a look at basis of timber and easements. Basis of Timber A qualified timber appraiser should perform a timber cruise at the time of the acquisition of the property. However, most...

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Thanks for tuning back into my series on basis. This piece is the third and final one on basis of property. Basis of Property for Which a Deduction has Been Taken The basis of medical equipment, such as a hospital...

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Thanks for tuning back into my series on basis. We covered basis of converted property, property acquired by gift and property acquired incident to divorce. Here, I’ll talk about basis of inherited property. Inherited Property Tax basis of property acquired by...

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Calculating basis of property can be complex, so I’ve broken it into three pieces. In this article, I’ll cover basis of converted property, property acquired incident to divorce and property acquired by gift. Converted Property Basis of depreciation of property...

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Thanks for tuning back into my series on basis. In this article, we’ll focus on stock basis and stock options. Stock Basis Usually, the broker will provide basis. However, if the shares are not covered, the broker does not have...

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What does “basis” mean in the world of tax? Tax basis of an asset is generally its cost. Determining accurate cost may require allocations when multiple assets are purchased together. Tax basis may also be reduced by depreciation, depletion, casualty...

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