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26 August, 11:51

tax that you pay when making a profit from selling a house in his is an example of property tax income tax capital gains tax or sales tax

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  1. 26 August, 12:00
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    tax capital gains

    Explanation:

    the Tax Capital Gains is generated when a real state operation such as the selling of an apartment is done and the seller received more capital/money than the initial price paid for the apartment: e. g.:

    Initial price $200.000

    Selling price $250.000

    Taxed Capital Gains $50.000
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