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PK sold her rental property for R300 000. She bought the property for R350 0000. She needs to know what the capital gains tax
PK sold her rental property for R300 000. She bought the property for R350 0000. She needs to know what the capital gains tax implications of the R50 000 loss she made on the property; Question 26 Not yet answered Marked out of 1 Flag question Select one: a. She can use the R50 000 to reduce her current year's taxable income. b. She can add R40 000 annual exclusion to the capital loss to make it R90 000. O c. She can reduce the loss by applying the R40 000 annual exclusion. O d. She can carry forward the R50 000 capital loss and use it against future capital gains.
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