Short-term Capital Gain Or Loss
Definition of "Short-term capital gain or loss"
The profit or loss from selling an investment that is held one year or less. Short-term gains are ordinary income, while short-term losses are deducted from current income. Short-term gains or losses do not qualify for any special tax treatment.
Popular Real Estate Terms
Provision at the end of a document, such as a will, wherein the witnesses sign that the instrument has been executed before them. This may be useful involving transfers of real estate. ...
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