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We were impressed the way this team works together
"My wife and I recently sold our house and purchased a new one utilizing the services of Rosie and Melissa. Our experience was very enjoyable and accomplished our goals. On the sale of our house, they really did their homework in helping us establish the sales price and gave us valuable pointers to show the house. As a result, our home sold in a timely manner and at the price we wanted." "Rosie and Melissa made their schedules work with ours , notified us of new homes on the market, which enabled us to settle on a new home quickly when ours sold." "We were really impressed with the way Rosie and Melissa worked together. As a team they provided service to us seven days a week through our house sale and purchase process. They were very professional, knew the market, and were a lot of fum to be with. Rosie and Melissa took an eventful experience in our life and made it enjoyable and rewarding!"
Bob and Denise Boyles
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Tax Considerations >Capital Gains Exemptions
Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.
Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must prove that the job change occurred while you owned and used the home as your primary residence, and that your new job is located at least 50 miles farther from your residence than your previous place of employment.
A reduced exclusion from capital gains tax may also be granted for health reasons. If your motivation for selling your house was to obtain diagnosis, treatment or cure for a disease or injury to you or a family member, you can apply for an exclusion. Unforeseen circumstances such as death, unemployment, divorce or natural disasters may also reduce your capital gains tax. Consult a tax professional for advice about your unique circumstance.
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| Q |
In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
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| A |
Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen. |
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