Capital Gains


Definition of "Capital gains"

Aundrea Lillard real estate agent
Aundrea Lillard Atlanta Communities Real Estate Brokerage

Excess of the sales price of an asset over its book value. Listed as part of the Annual Report in the summary of the surplus account and/or in the Summary of Operations.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Investment Ratio

Relationship of gains from investments (including realized capital gains) resulting from insurance operations to earned premiums. ...

Internal Revenue Code

Federal statute defining the federal tax code, covering such topics as credits against tax; business-related credits; computing credit for investment ...

Interest Maintenance Reserve (imr)

Liability reserve, establishment required by the national association of insurance commissioners (naic), the purpose of which is to accumulate realize ...

Unrealized Capital Gains (losses)

Appreciation in the unsold assets' value. When assets are sold, their capital gain (loss) is shown on the insurance company's income statement; any un ...

Section 1250

Rule within the Internal Revenue Code applicable to capital gains from selling real estate that has been depreciated for tax purposes. Most buildings ...

Tax Reform Act Of 1986

Legislation to eliminate most tax shelters and write-offs in exchange for lower rates for both corporation and individuals. It was intended to be reve ...

Popular Real Estate FAQ

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Building a Real Estate Team Property tax in the US: a homebuyer guide Buying a House with Cash vs. Mortgage Short-term Lease Pros and Cons Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House

FAQ

What is a lifetime rate cap? What is an overall debt ratio? How much Life Insurance do I need? What are the benefits of Business Owners Insurance? What is the difference between being prequalified and preapproved for a loan?