Capital Gains Documentation

DaveC49 davidcousens at
Wed Oct 26 23:41:42 EDT 2016

Just a final comment - on sale a reasonable approach would be to do a final
revaluation to the sale price at the date of sale before recording the sale
transaction itself. This would then leave the accumulation of value of the
house in equity, remove the asset from the books and put cash into the bank
account ( more complicated if paying out a loan.

David Cousens

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