3 years ago

Identify Steps in a Process: What has to happen for you to have capital gain?

1 answer:

7 0

Answer:

Explanation:Capital gain is a rise in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short-term (one year or less) or long-term (more than one year) and must be claimed on income taxes

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