Folks,
I'm trying to figure the cost basis for a REIT. I understand that reinvested dividends and cap gains increase my basis and return of capital decrease my basis. Can I assume that the unrecaptured section 1250 gains also increase my basis?
Thanks in advance for any help!
Kelly
REIT cost basis and 1250 gain
Re: REIT cost basis and 1250 gain
Doesn't apply to Reits.
SJ
SJ