and profits from the sale of inventory aren't taxed as capital gains. In addition, intellectual property (e.g., a patent; invention; model or design; secret formula or process; copyright ...

This gain is calculated as the difference between the sale price and purchase prices of assets held. The formula for long-term capital gain is determined by subtracting the purchase price from the ...

Knowing the rules for capital gains tax on residential real estate and home sales is important, especially since your property has likely increased in value since you purchased it. Eventually ...

If that happens, what sort of taxes will you owe on the sale? In most cases, when you sell a house, you owe long-term capital gains tax on the profit that you make from the sale (minus any ...