Capital Gain Tax on Sale of Property – The Complete GUIDE
Capital Gain Tax on Sale of Property – The Complete GUIDE OK. You want to sell your property. You have done the market study, set the price, started advertising, engaged a broker and made all paperwork ready. But are you aware of tax implications that arise from any profit or loss that you will make on your investment? Many sellers ignore such tax implications which may later cause a lot of problems. Moreover, nitty-gritty of Capital Gain Tax are unclear to most people. Well if you are reading this, you have already taken the first step towards making huge savings. In this guide, we explain all you need to know about Capital Gain Tax on Sale of Property and how you can get exemptions. After reading this guide, it is our promise that you will be able to handle your capital gain tax on property in a much smarter way. What is Capital Gain & Capital Loss? Capital Gain is the profit that results from the sale of a capital asset such as Property, Share, Bond, Gold etc. where the sale p