Capital Gains

Capital Gains equates to an increase in the worth of a capital asset, such as stocks, bonds or real estate, that gives it a greater value than the purchase price. The gain is not obtained until the asset is sold.

To be clear, the gain is the variance between a higher selling price and a lower purchase price.

A Capital Gain may be long-term (12 months or more), or short-term (12 months or less) and must be declared on income taxes.

Register Plus and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.