Which of the following statements are trueabout investing in capital assets for individual taxpayers? Please select all correct answers.

Group of answer choices

Capital assets are any assets that the taxpayer holds for appreciation in value.

Gains on the sale of capital assets are always taxed at preferential rates.

Gains on the sale of capital assets are taxed when the taxpayer has the wherewithal to pay the tax.

Personal-use assets are capital assets.

Taxpayers deduct losses on the sale of capital assets in full.