Carryover Basis
The tax basis in a tax deferred exchange which is transferred (carried over) from the property given up to the property acquired.
More Real Estate Definitons
X-BracingQuadrangleFlat RoofKilovoltRenunciationOpen listingVAZoning MapQuitclaim deedWorking DrawingMaterialmanJerry-BuiltQuietusValuatorGuide MeridianTax LevyYard LumberJoint ventureDealerMeander LinesJumbo LoansNonhomogeneityHip RafterHeaterWillYieldStatuteGradientVendor’s LienTerraceVetoGroup HomeCommissionVillageGraded TaxPerchInside LotJoint OwnershipZoning VarianceLicensing ActsTax TitleExpress