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why we call it capital gain 29) When calculating taxes, the difference between the acquisition cost and selling price of a house is called: A)

why we call it capital gain
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29) When calculating taxes, the difference between the acquisition cost and selling price of a house is called: A) Ordinary income B) Amortization C) Capital gain D) Deferred income Answer: C Difficulty: 2 Medium Difficulty: 2 Medium Accessibility: Keyboard Navigation Gradable: automatic

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