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Lelu [443]
3 years ago
11

A capital gain is _____. money the bank gives you when you keep your money in one of their accounts the profit you make when you

sell a house the money you earn when you make a sale at work your total pay for a certain pay periodA capital gain is _____. money the bank gives you when you keep your money in one of their accounts the profit you make when you sell a house the money you earn when you make a sale at work your total pay for a certain pay period
English
2 answers:
Eduardwww [97]3 years ago
6 0

Answer:

the profit you make when you sell a house

Explanation:

A capital gain is the profit you earn or the increase in the value of your real state or intangible investments, for example, if you have a portion of land that you bought in $10 and over the years it increases its value to $15, the $5 that you are making as a profit would be capital gain, or if you buy stock in the market that increases its value and you sell it, you are making a capital gain, that profit is taxable and needs to be claimed on income taxes.

Jobisdone [24]3 years ago
3 0
<span>the profit you make when you sell a house.

the actual definition describes any type of profit, not just real estate.</span>
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