By Leanna Kelly Every year when tax season rolls around, investors quickly become familiar with capital gains and losses. What is a capital gain or loss? In short, it’s the difference between what you bought an investment for and what you sell it for. If the result is positive, it’s a gain. If the result is negative, it’s a loss.
The implication of capital gains and losses is largely related to taxes. The realization of capital gains or losses only occurs after you sell an asset, which triggers the taxable event. It’s in the best interest of investors to understand how these gains or …read more
