capital gains: Capital Gains Part Two
- 11/01/06 12:33 PM
In the first part of this blog i explained how capital gains were calculated in words now i will show it you mathematically. There are three steps to arrive to the result which is whether is capital gain is a net gain or a net loss. There are three steps in the equation to calculate this figure. (1) Calculation of the Adjusted Cost Basis of the Property (2) Calculation of the Adjusted Selling Price of the Property (3) THe Determination if the capital gain is at a loss (-) or a profit (+). (1) Adjusted Cost Basis of the Property : : add the … (0 comments)
In the first part of this blog i explained how capital gains were calculated in words now i will show it you mathematically. There are three steps to arrive to the result which is whether is capital gain is a net gain or a net loss. There are three steps in the equation to calculate this figure. (1) Calculation of the Adjusted Cost Basis of the Property (2) Calculation of the Adjusted Selling Price of the Property (3) THe Determination if the capital gain is at a loss (-) or a profit (+). ;)
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