The term "purchase price" refers to the amount of money that is paid or agreed upon to buy something. It is the price at which a product or service is bought or acquired. Full definition
For tax calculation purposes, the adjusted cost basis when the stock is sold will be recorded at $ 1,300 instead of the original purchase price of $ 1,000. (investopedia.com)
We would recommend this dealership to persons looking for fair purchase price, good customer service and prompt responsiveness to customer needs. (autolist.com)
So figuring 2 % of purchase price for total rents? (biggerpockets.com)