What is the meaning of original basis?

original basis is the sum of the purchase price of a property plus buying expenses on acquisition. (See basis).

Barry Goldsmith
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APABarry Goldsmith. (2010). original basis. Retrieved September 20, 2026, from http://smartdefine.org/original_basis/definitions/1159883
ChicagoBarry Goldsmith. 2010. "original basis" http://smartdefine.org/original_basis/definitions/1159883 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, original basis, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/original_basis/definitions/1159883>.
MLABarry Goldsmith. "original basis" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/original_basis/definitions/1159883>