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347 Q&A with an accountant

this is property

00:00

Capital Gains Tax

Capital gaines tax is payable on a gain that you make on the sale of an asset. If you buy and sell at a lower value, that means you made a capital loss. And if you're considering property as an asset class over the long term, that's a rare occurrence. You then crystallize what they call the capital gans tax o vent at the point of salek. We will talk to an accountant and can yo unpack the mystical six year rle and how it can help minimize capital gains tax, if at all? Yep, no problem. Look s old mave just start at the the outset.

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