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If you sold your home and made a profit, you must report the capital gain, however, there are exclusions. If the sale is on your main home, individual homeowners can exclude up to $250,000 in...
Capital gains taxes are an issue for many investors who "play" the stock market or "flip" real estate, as they are a special tax available for those who realize a profit on these kinds of assets...
A capital gain is the difference between money you make from a sale and the original amount for which you purchased it. Capitol gains occur when you sell an capital asset, such as real estate,...