All of the Following May Be Considered in Calculating the Cost

question 51

Multiple Choice

All of the following may be considered in calculating the cost basis of a property in a capital gain tax computation EXCEPT

• A) purchase price.
• B) repairs or maintenance.
• C) landscaping.
• D) improvements.

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Definitions:

Pre-albumin

A blood protein that serves as a marker for nutritional status and is used to assess the risk and presence of malnutrition.

Albumin

A protein found in blood plasma that plays a key role in maintaining the oncotic pressure of blood and transporting substances throughout the body.

Post-operative Wound Infection

An infection that occurs at the site of a surgical incision after an operation.