When calculating taxes,the difference between the acquisition cost and selling price of a house is called:

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The difference between the acquisition cost (the cost of purchasing the house) and selling price is called capital gain. This is because it represents the increase in the value of the property over time, which is considered a form of capital appreciation. Taxes are applied to the capital gain when the property is sold, and this amount can vary depending on a number of factors, including the length of time the property was owned and the individual's tax bracket.

When Calculating Taxes,the Difference Between the Acquisition Cost and Selling