In real estate, capital gains are the difference between the purchase price of your real estate and the price you sell it for. Capital gains tax is what you pay on that difference, after adjusting for a variety of exemptions, deductions and tax breaks.ake the purchase price of your property and add the cost of any improvements, Realty Times advises. If you bought a rental home for $300,000, for instance, that would be the basis for calculating your gains.
Surface Mining Control and Reclamation Act (SMCRA, US) Originally passed in 1977, the Surface Mining Control and Reclamation Act (SMCRA; PL 95-87; 30 USC ch. 25; SMCRA) regulates strip or surface coal mining permits and coal mining area reclamations in the US. The Act is administered by the US Department of the Interior.
Climax molybdenum mine, Colorado, circa 1924 (USGS photo) The prospector Charles Senter discovered and claimed the outcropping of molybdenite (molybdenum sulfide) veins in 1879, during the Leadville, Colorado Silver Boom, but had no idea what the mineral there was. Senter determined that the rock contained no gold or silver, but retained the claims.