Vance purchased a property for $300,000 (inclusive of all purchase and incidental costs) on 20 August 1990 and he sold the property for $510,000 (after costs of sale have been deducted) on 20 March 2020. What is Vance's net capital gain on the sale of this property?

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The Answer of Vance purchased a property for $300,000 (inclusive of all purchase and incidental costs) on 20 August 1990 and he sold the property for $510,000 (after costs of sale have been deducted) on 20 March 2020. What is Vance's net capital gain on the sale of this property?

Vance Purchased a Property for $300,000 (Inclusive of All Purchase