Question

A capital gain is _____. money the bank gives you when you keep your money in one of their accounts the profit you make when you sell a house the money you earn when you make a sale at work your total pay for a certain pay periodA capital gain is _____. money the bank gives you when you keep your money in one of their accounts the profit you make when you sell a house the money you earn when you make a sale at work your total pay for a certain pay period

Answer 1

the profit you make when you sell a house.

the actual definition describes any type of profit, not just real estate.

Answer 2

the profit you make when you sell a house

Step-by-step explanation:

A capital gain is the profit you earn or the increase in the value of your real state or intangible investments, for example, if you have a portion of land that you bought in $10 and over the years it increases its value to $15, the $5 that you are making as a profit would be capital gain, or if you buy stock in the market that increases its value and you sell it, you are making a capital gain, that profit is taxable and needs to be claimed on income taxes.