31% 31% 20% 18% 33% 33% 15% 33% 15% 36% 36% 20% 18% 35% 35% 15% 35% 15% 39.6% 39.6% 20% 18% A capital gain is a  profit  that results from investments into a  capital asset , such as  stocks ,  bonds  or  real estate , which exceeds the purchase price. It is