property held for investment purposes, always a long-term held asset. is called capital asset .
eg: the dwelling that one owns and lives in, securities held for investment are capital assets .
property held for investment purposes, always a long-term held asset. is called capital asset .
eg: the dwelling that one owns and lives in, securities held for investment are capital assets .
Sean Woo's Finance, GIS and real estate English glossary. Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance. 2012