Long Term Capital Gain
Concept of Long Term Capital Gain in the context of Real Property
A short definition of Long Term Capital Gain: Gain on the sale of a capital asset which has been held for a specified time or longer. Long term capital gain is taxed at a special rate and not as ordinary income.
Concept of Long Term Capital Gain in the context of Real Property
A short definition of Long Term Capital Gain: Gain on the sale of a capital asset which has been held for a specified time or longer. Long term capital gain is taxed at a special rate and not as ordinary income.
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