Key Points Even though long-term capital gains are taxed more favorably than short-term gains, there’s a tax liability ...

For example, loans against your capital asset don't give rise to a realization event or capital gains tax. For this reason, many real estate investors will refinance properties rather than sell them.

For more information, see our expert panel. Capital gains are profits. Specifically, the profits you make from selling capital assets, such as stocks, bonds, real estate, and collectibles.

For example, say that you spent $500,000 on a house. Then, you spend $50,000 to renovate the kitchen and $10,000 on a new roof. You later sell the house for $700,000. Your taxable capital gain ...

Others might get caught out thinking they owe capital gains tax when it’s actually income tax that’s applicable in some cases. Ms Davies said: “For example, if you own a company and sell ...

Commissions do not affect our editors' opinions or evaluations. You may have a capital gain or loss when you sell a capital asset, such as real estate, stocks, or bonds. Capital gains and losses ...

If you had owned the property longer than a year, you would most likely fall under the criteria for the capital gains rate of 15%, making the taxes due in this example $15,000. Capital gains are ...

Investing in stocks, real estate, or collectibles can be highly rewarding.  However, when it comes time to sell those assets, any profit will trigger a ‘capital gains' tax.  It is important to ...

When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these questions and more. Capital gains. Even the mention of these two words together ...