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
rikvipsbs
Answers: 0
Views: 1
Rating: 0
Does the dress suit office and casual occasions?
Answers: 0
Views: 2
Rating: 0
Does the dress suit office and casual occasions?
Answers: 0
Views: 4
Rating: 0
1xbetxclub
Answers: 0
Views: 5
Rating: 0
99OK
Answers: 0
Views: 6
Rating: 0
Saoketv
Answers: 0
Views: 8
Rating: 0
Nhà cái C168
Answers: 0
Views: 6
Rating: 0
99OK
> More questions...
Answers: 0
Views: 6
Rating: 0