TMI BlogUnderstanding Capital Gains: Holding Period Defines LTCG vs. STCG; Property Nature Change Doesn't Affect Acquisition Date.Capital gain on asset sold - LTCG OR STCG - period of holding - merely because there is a change in the nature of immovable property, the principles of determining date of acquisition cannot change ..... X X X X Extracts X X X X X X X X Extracts X X X X
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