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What is Capital Gains Tax?What is Capital Gains Tax? Capital gains tax (CGT) is a government levy on the profit made when you sell, transfer, or otherwise dispose of an asset that has increased in value. Simply put, if you purchase an asset for one amount and later sell it for more, the difference between the buying price (also called the cost basis) and the selling price is your capital gain—and this is what may...0 التعليقات 0 المشاركات 4كيلو بايت مشاهدة 0 معاينة
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What is Negative Equity?What is Negative Equity? Negative equity is a financial situation where the value of an asset, most commonly a property, falls below the outstanding balance on the loan used to purchase it. In simpler terms, it means you owe more money on your mortgage or loan than the asset is currently worth. How Negative Equity Happens Negative equity typically arises when property values drop due to...0 التعليقات 0 المشاركات 5كيلو بايت مشاهدة 0 معاينة
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What Is the Required Down Payment (Deposit) for a Mortgage?What Is the Required Down Payment (Deposit) for a Mortgage? “How much of the purchase price must I pay upfront before borrowing the rest?” Buying a home is one of the biggest financial commitments most people will ever make. A major part of the process is providing a down payment—often referred to as a deposit—before you can borrow the remainder of the purchase price...0 التعليقات 0 المشاركات 1كيلو بايت مشاهدة 0 معاينة