Assertion: capital asset | /r/HasProperty | held by stock
Facets:
value: for personal enjoyment
type: PURPOSE
value: for investment
type: PURPOSE
Source sentences:
text: For Income Tax purposes, a capital asset is property held by a taxpayer for personal enjoyment or investment, such as a home, furniture, stocks and bonds, or an automobile, but does not include inventory, commercial accounts, and notes receivable, depreciable property, commercial property, copyrights, and short-term government obligations.