SF,

My primary investment(s) were and are retirement savings that are tax deferred. Now that I'm drawing some of that I pay regular income tax on it. I've sold houses that could have been capital gains had I kept the money for use, but I just put it into the next house, so didn't have to pay any tax on it, capital gains or otherwise. So as far as I know, I haven't ever made any capital gains.
I'm just a simple wage and salary earner.

Sg