Asset Adjusted Basis Calculator

Calculate Asset Adjusted Basis





Formula

The formula to calculate the Asset Adjusted Basis (AAB) is:

\[ \text{AAB} = \text{AC} - \text{AD} + \text{AI} \]

Where:

Definitions

Example

Let's say the asset cost is $50,000, the accumulated depreciation is $10,000, and the asset improvements are $5,000. Using the formula:

\[ \text{AAB} = 50000 - 10000 + 5000 \]

We get:

\[ \text{AAB} = 45000 \]

So, the Asset Adjusted Basis is $45,000.

Extended information about "Asset-Adjusted-Basis-Calculator"

Adjusted Basis Calculation for Property

Definition: The adjusted basis of a property is the original cost of the property adjusted for various factors such as improvements, depreciation, and other adjustments.

Formula: \( \text{Adjusted Basis} = \text{Original Cost} + \text{Improvements} - \text{Depreciation} \)

Example: \( \text{Adjusted Basis} = 200000 + 50000 - 30000 \)

Formula for Adjusted Basis

Definition: The adjusted basis is used to determine the gain or loss on the sale of an asset.

Formula: \( \text{Adjusted Basis} = \text{Purchase Price} + \text{Capital Improvements} - \text{Accumulated Depreciation} \)

Example: \( \text{Adjusted Basis} = 150000 + 20000 - 10000 \)

Real Estate Adjusted Basis Calculator

Definition: This calculator estimates the adjusted basis of a real estate property.

Formula: \( \text{Adjusted Basis} = \text{Purchase Price} + \text{Improvements} - \text{Depreciation} \)

Example: \( \text{Adjusted Basis} = 300000 + 40000 - 20000 \)

Adjusted Basis of Property Calculator

Definition: This calculator helps determine the adjusted basis of a property for tax purposes.

Formula: \( \text{Adjusted Basis} = \text{Cost Basis} + \text{Capital Improvements} - \text{Depreciation} \)

Example: \( \text{Adjusted Basis} = 250000 + 30000 - 15000 \)

How to Calculate Adjusted Tax Basis

Definition: The adjusted tax basis is used to determine the taxable gain or loss on the sale of an asset.

Formula: \( \text{Adjusted Tax Basis} = \text{Original Cost} + \text{Improvements} - \text{Depreciation} \)

Example: \( \text{Adjusted Tax Basis} = 180000 + 25000 - 10000 \)