James Chen, CMT is an expert trader, investment adviser, and global market strategist. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and ...

Add Yahoo as a preferred source to see more of our stories on Google. Years and years ago, a beloved grandmother gave you a stock certificate for shares she'd cherished for decades, and now you're ...

People invest with the hope of earning a return over time. But what happens when you choose to sell? Cost basis is key to understanding your tax obligations and the true profit of your investments.

Knowing the "cost basis" of your property is important for tax purposes, but proving cost basis can be difficult. Cost basis adjusts at death, so it is a good idea to appraise property when a joint ...

Fortunately, calculating your cost basis is much simpler than this. Photo: Bryan Alexander, Flickr If you want to calculate how much you've gained or lost on an investment, you'll need to know your ...

Charity begins at home. Stretch that aphorism to mean that charity can include the donation of your building to a qualified 501(c) nonprofit organization. Such donations benefit both the donor and the ...

Ron Marino remembers what it used to be like when a new broker joined UBS and had to transfer clients' cost-basis information manually. “Because this was a time-consuming process, with each broker ...

Selling an investment typically has tax consequences. To figure out whether you need to report a gain -- or can claim a loss -- after you sell, you need to know the cost basis for that investment. For ...

Adjusted cost basis is a figure used in the calculation of the gain or loss a person made by buying and then selling an asset. It is based on the actual price paid for an asset, but includes a range ...

If you want to calculate how much you've gained or lost on an investment, you'll need to know your cost basis. It's important for your tax records, too. Let's run through a very simple example.