Capital gains tax is charged on the gain that you make on selling a real estate for profit. CPAs and other tax preparers may not routinely perform the study because it involves real estate appraisal methodology and specialized knowledge outside the scope of a typical tax practice. A real estate investor looking for a secure emerging market with masses of potential for profit should consider Croatia. In order to succeed, people involved in this kind of business should acquire the characteristics of an ideal real estate agent. The Chicago real estate buyer and Chicago real estate seller both want the deal for the Chicago property to go through and title Insurance is the vehicle to close the deal. A great way to explore the available real estate is to use online resources. You can also sell your house yourself if you prefer, without a real estate agent. The commercial real estate includes a lot of different kinds of properties: health care centers, retail structures and warehouse are all good examples of commercial real estate. The six aspects of economics you must understand are: mortgage interest rates, affordability indices, supply and demand, demographic information, commercial real estate and the job market. For those hoping to derive an income from their overseas real estate investments, there is great chance for them in Croatia to let out units to the tourism market, the local market and also the expatriate market. For more details visit: http://www.real----estate.info/