### Question
What does acquisition cost mean?


### Answer
**Acquisition cost** has the following meaning in *26 U.S.C. § 143*:

> the cost of acquiring the residence as a completed residential unit

#### Citation:
  - *26 U.S.C. § 143*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IV-TAX EXEMPTION REQUIREMENTS FOR STATE AND LOCAL BONDS > Subpart A-Private Activity Bonds**

