|
|
|
"Thanks for the many special helps."
"Thanks, again for all your many special helps through the years."
Bill & Jackie Milstead
Read Quote >
View All Quotes >
|
|
|
 |
 |
 |
|
Welcome > Agent Info >
Testimonials ...
Read What People Are Saying About Me I always ask my clients to write or email me, and tell me truthfully how they appreciated my service to them. Their feedback is so important! Here are a few highlights of what people are saying about me...
You have a story to tell about me. You've worked with me, and I've helped you buy or sell a home. I need your feedback. Others need your feedback, too! Please take a moment to fill out this form and tell me how I did... 
|
Tax Considerations >Beneficial Tax Laws American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
|
|
| Q |
What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?
|
| A |
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York. |
 See More Real Estate Trivia > |
|
|
|
 |
|
 |
|
- NUMBER1EXPERT 
