Define capital loss?
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A capital loss is the loss incurred when the value decreases for a capital asset, such as an investment or real estate. This loss will not be realised until the asset is sold for a price lower than the purchase price originally
Answered by
1
Answer:
A capital loss is the loss when the value decreases for the capital asset, such as an investment or real estate.
This loss will not be realised until the asset is sold for a price lower than the purchases price originally.
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