Tag Archives: Capital Gains

Capital Gains

Almost everything we own and use is a capital asset. Some examples are a home, household furnishings, stocks, or bonds. Any time a capital asset is sold, the difference between the selling price and what you paid for it originally … Continue reading

Posted in General | Tagged , , , , , , , , , , | Leave a comment

Ten Facts about Capital Gains and Losses

The term “capital asset” for tax purposes applies to almost everything you own and use for personal or investment purposes. A capital gain or loss occurs when you sell a capital asset. Here are 10 facts from the IRS on … Continue reading

Posted in General | Tagged , , , | Leave a comment