Question

Business capital games or losses result from the

Answer 1

Business capital gains and losses result from the sale or other disposition of either investment property, or business property such as stocks and bonds, real estate, and collectibles. Capital gains and losses come in two approaches: short-term and long-term. Short-term capital gains/ losses are on assets which are held for lesser than a year or a year before being sold. Long-term capital gains/ losses are on assets which are held for more than a year before being sold