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Exemption of Capital Gain Tax On Property Sale
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Exemption of Capital Gain Tax On Property Sale
Legal, Popular articles, Taxes

Exemption of Capital Gain Tax On Property Sale

The sale of a property invites a tax named the capital gain tax which is levied on the capital gain that is received on the sale of a capital good. The land is a capital good and has appreciable value, hence is taxable.

By Melby Stephen|2020-12-21T20:52:37+00:00December 21st, 2020|Categories: Legal, Popular articles, Taxes|Tags: asset valuation, capital gain, due diligence, property valuation, real estate, Taxes, valuation|0 Comments

Capital Gains On The Sale Of A Residential Property: Everything You Should Know
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Capital Gains On The Sale Of A Residential Property: Everything You Should Know
Popular articles, Taxes

Capital Gains On The Sale Of A Residential Property: Everything You Should Know

The capital gain tax can be for a short term basis or a long term. It is important to note that capital gain is only applied for the sale of the property and not in cases of property transfer such as inheritance, gift, will, etc.

By Melby Stephen|2020-12-21T10:17:58+00:00December 21st, 2020|Categories: Popular articles, Taxes|Tags: asset valuation, capital gain, due diligence, property valuation, real estate, tax, valuation|0 Comments