I don't see an answer so I'm thinking this is another Canadian term. Well, if anyone Canadian lurks by, maye they can explain? THanks
Capital Gains Capital gains is the difference between what you purchased the property and what you sell it for minus improvements.
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A capital gain is a profit that results from investments into a capital asset, such as stocks, bonds or real estate, which exceeds the purchase price. It is the difference between a higher selling price and a lower purchase price, resulting in a financial gain for the investor.