Long-term capital gains are profits from selling assets like stock, a business, or real property that were held for more than one year. Long-term capital gains are taxed at lower rates than ordinary income or short-term capital gains.
Long-term capital gains are profits from selling assets like stock, a business, or real property that were held for more than one year. Long-term capital gains are taxed at lower rates than ordinary income or short-term capital gains.