Personal Finance (Not Investing) • Investment Land Cost Basis--Interest Expense and Cap Gains

Purchased some raw land several years ago and recently sold it. I'm trying to determine what costs exactly I can assign to the cost basis.

Specifically I'm trying to determine whether interest I paid on the loan can be taken out of the profit when calculating capital gain liabilities.

Thanks

Statistics: Posted by ScubaHogg — Wed Sep 25, 2024 3:36 pm — Replies 0 — Views 61

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