Real Estate Glossary

What is Capital Gains Tax?

This is a tax that is imposed on the profits that are realized when an asset is sold for more than its purchase price. Capital gains tax is generally levied on investments such as stocks, bonds, and real estate, and the tax rate may vary depending on the length of time that the asset was held and the individual's tax bracket.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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