Capital Gains Tax

[nimai]

Hi There,

This is my second post. Can anyone explain Capital Gains Tax? What is the rate? How is calculated? How can I avoid paying it?

Nimai

[Rob]

Capital gains tax Is 50% of any profit on capital.  How do you offset these losses?  Sell stock that has losted value.  Sell a home that has lost value (good luck in this housing environment).