Exchanged Basis

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August 25, 2024 3 min read Definitions

Substituted Basis: Understanding Exchanged and Transferred Basis in Taxation

Taxation Finance Taxation Property Basis Exchanged Basis Transferred Basis Carryover Basis

Substituted Basis in taxation refers to either an exchanged basis or a transferred basis used to determine the tax purposes of property. This includes how the basis of property is calculated based on other properties held or transferred.

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