Archie Kirwan
2 Answers
PEOPLELOVER
Capital gain is the amount of money you make on a investment be it real estate, car, art, any object that you get more at sale than you originaly paid..
Example You buy a house for $500,000 you sell it for $600,000 after spending $ 20,000 renovating plus $ 5,000 in auction charges plus advertising your selling the house.
You sold for $100,000 more than you paid BUT you expended a further $25,000 in renovations and costs of sale. Capital GAIN is $ 75,000 ie: $100k less $25k
| 14 years ago. Rating: 1 | |
Barbara01
Top contributors in India category
Unanswered Questions
123B Diem den giai tri truc tuyen voi trai nghiem hien dai
Answers: 0
Views: 9
Rating: 0
Jitaace
Answers: 0
Views: 12
Rating: 0
Ống nhựa xoắn HDPE Ospen - An Đạt Phát SG
Answers: 0
Views: 14
Rating: 0
vn88ceo2
Answers: 0
Views: 14
Rating: 0
bet88uscc
Answers: 0
Views: 16
Rating: 0
kickpulsedev
Answers: 0
Views: 16
Rating: 0
sc88tylekeonhanh1
Answers: 0
Views: 17
Rating: 0
sc88tylekeonhanh1
> More questions...
Answers: 0
Views: 14
Rating: 0