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Re: Is it time NYCT consider peak/off peak fare structure?

Posted by 3-9 on Sun Oct 26 23:52:15 2014, in response to Re: Is it time NYCT consider peak/off peak fare structure?, posted by Broadway Lion on Sun Oct 26 20:59:59 2014.

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If you sold an asset for more than you bought it, and you got a substantial profit from it, it's either bartering income or cap gains or both. Long term cap gain, but still a cap gain. Same as if you bought shares of a company, held it for 15 years, and sold it at a profit. Still have to declare the cap gain on your return.

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