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What is Cost Basis?

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What is Cost Basis?

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Learn how cost basis is calculated for a 1031 tax exchange. 1031 exchange expert Julianna A. Clementi-Ryan explains what’s involved in determining cost basis.

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Cost basis is the amount you paid to acquire your shares. This cost basis is used to determine capital gain or loss on the sale of your shares. Shareholders with questions regarding how to calculate their cost basis should speak with their financial representative or personal tax adviser.

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