Quickly Find Out What that Home Down the Street Sold For, By Email, for Free. If you are considering selling your Celebration, Reunion and Orlando, Florida home, you are probably wondering what other homes in the area are selling for. There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your Celebration, Reunion and Orlando neighborhood. We can help! We can tell you exactly what any home sold for in your area. We will furnish you with a list of homes that have recently sold on your street or in your neighborhood. We can also tell you about homes similar to yours that are currently for sale. This service is entirely free, without obligation. As top Celebration, Reunion and Orlando real estate agents, this is part of the service that we provide to home sellers on a daily basis.  Find out what a home or property sold for, by email, for free! It's our job to help you determine real estate values in Celebration, Reunion and Orlando! There's no obligation, and we promise to get back to you quickly...
Tax Considerations >Tax Implications of Selling Your House Most of my clients profit from selling their homes, and they often have questions about capital gains tax.
When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010.
Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption.
Consult your tax accountant for more detailed information regarding your particular circumstance.
|
| Q |
What 1982 thriller featured a house that was supposedly haunted because it had been built on the site of an ancient burial ground?
|
| A |
Steven Spielberg's "Poltergeist"was filmed in an actual home on Roxbury Street in a normal residential suburb in California's Simi Valley. |
 See More Real Estate Trivia > |
|
|
Cathy Melton, Broker Associate
The MeltonTeam
Imagination Realty, LLC
617 Celebration Ave
Celebration, FL 34747
Office: 321-939-7888
Fax: 321-234-0227
Mobile: 407-473-1300
cathymelton@NUMBER1EXPERT.com
Selling or purchasing a home requires more than placing a For Sale sign in your yard, or calling an agent that you find from a yard sign. Considering Real Estate is one of the largest investments most people will make in their lifetime, we encourage you to hire a professional team that will help you with all aspects of your real estate needs. Our team of full time professional agents are ready to assist you. Give us a call or contact us by email and we promise you an immediate response. Work only with the BEST, where we work hard to earn your trust and work even harder to maintain it.   
www.MeltonRealestateTeam.com is brought to you by
The Melton Team
NUMBER1EXPERT™ in real estate for
Celebration, Reunion and Orlando, Florida Read The Melton Team's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERT™ 
