for example, if land was worth 200k (by county assessor in 2022) but apprasied at 50k at time of purchase in 1988, which number ultimately gets subtracted from the final sale price to calculate the capital gain?

Wanted to gain experiencing managing a multi-unit property.

We want a condo in Florida and we're thinking that even though prices are high, the deferment of the cap gain would offset the price premium. 

Currently I am a senior in college on track to graduate with my Bachelor's degree in Management and Administration; however, I have two years of eligibility to play golf and get any kind of graduate school paid for completely.

Unfortunately, I wasn't able to get a refinance before the interest rates shot up, but this is my personal home, so I plan to live in it a couple of years and sell it to collect the gains. 

In addition, I also read Brandon Turners "Investing in Real estate" book to gain more knowledge on rental properties.

I leveraged gains from 4 houses in four multifamily in Southern Ca.

I'm trying to gain Independent Brokerage Owner insights and thoughts to assist me in my marketing business.There are only two (2) questions, and honestly, whatever comes off of the top of your head is usually the best answer.1.)

I'm trying to gain Independent Brokerage Owner insights and thoughts to assist me in my marketing business.There are only two (2) questions, and honestly, whatever comes off of the top of your head is usually the best answer.1.)

I know tools such as the BP calculators are available for use, but I want to learn what goes on behind the scenes to fully understand the numbers (math) and specifically what it means so i can better gain an understanding & make better investment decisions when the time comes.Any advice/ tips or tricks on analyzing deals & double checking the numbers (before proceeding with the deal?