Capital Gains: The profit on the sale of a capital asset, such as stock or real estate.
Capital Gains
(n) Capital Gains is the increase in the value of a property, or assets due to the effect of passage of time, inflation, increase in demand etc which accrues to the owner of the property or assets when they sell or dispose it finally.
capital gains tax A tax on income derived from the sale of a capital asset, like real estate holdings or investments.
cash accounting Income is reported in the year it is received, and expenses are deducted in the year they are paid.
capital gains
n. the difference between the sales price and the original cost (plus improvements) of property.
Capital Gains Tax
A tax placed on the profits from the sale of real estate or investments.
Capitalization Rate (Cap Rate) ...
See also: capital gains estate tax franchise tax gift tax income tax unified estate and gift tax use tax ad valorem
The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications ...
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold.
The act equalized the rate of taxation on long-term capital gains paid by individual taxpayers with the top rate of federal income taxation imposed on individuals.
Adjusted gross income (AGI) is gross income from taxable sources (including wages, interest, capital gains, income from retirement accounts, alimony received) minus allowable deductions, such as unreimbursed business expenses, some medical expenses, ...
Adjusted Gross Income (Agi) Adjusted gross income (AGI) is gross income from taxable sources (including wages, interest, capital gains, income from retirement accounts, alimony received) minus allowable deductions, ...
A delayed tax that allows you to apply the profit you make selling your old house to pay for the new one without paying capital gains taxes on the profit.
: a method of accounting in which income and expenses are recorded in the period when payment is received or made
3 : the value (as cost or fair market value) of an asset used in calculating capital gains or losses for income tax purposes ...
 See also: Capital gain, Law, Property, State, Term
  
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