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The two physical asset classes of real estate and gold have for long been considered safe havens, and are usually a very large chunk of portfolios.
But over the past few years, returns from them have been poor to negative, even though the period after which a real estate holding will be considered a long-term asset, has been reduced from 3 years to 2 years.
If you choose to reduce exposure to gold and real estate, know the tax rules that will apply.
Here is a look at the taxes that apply to short-term and long-term gains from these two asset classes.