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Designing a New N1E we are top real estate experts. Call us: 804-694-3113.
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Buyers Want Your Home for As Little As Possible. Quickly Find Out What It's Really Worth, by Email, for Free.  Are you thinking of selling your Gloucester, Middlesex and Mathews home? You should know exactly what it's worth before making such an important decision. Let us do a quick "Comparative Market Analysis" for you, for free, and with no obligation. Also known as a CMA, this analysis compares your home to others that are currently on the market and to those that have recently sold. As top real estate agents, we determine the value of Gloucester, Middlesex and Mathews, Virginia area homes daily. Using the information you provide below, we can perform a quick market analysis, and give you a free estimate of what your home is worth in today's market. Remember, market conditions can be different, even one Gloucester, Middlesex and Mathews neighborhood to the next. We know how to take all these factors into account when determining the true market value of your home. This service is completely free and without obligation. There are absolutely no strings attached. Why? We want the chance to show you our expertise as top Gloucester, Middlesex and Mathews real estate agents. Please provide us with some basic information on your home. What's your home or property really worth? Accurately pricing Gloucester, Middlesex and Mathews real estate is our job! Let us do a market analysis for YOUR property. There's no obligation, it's FREE, and we promise to get back to you quickly...
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Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
What structure is regarded as the best surviving example of Pennsylvania Dutch architecture?
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| A |
The Georg Muller House in Milbach, PA, built in 1752. |
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