|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 636-931-9100.
|
Get Free Presentation On Our Home Marketing.
Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
Find Out More >
View All Offers >
|
"We Wish We Had Listed With Tammy First"
"I wish that we would have listed the home with Tammy first as I now know we would have SOLD our home sooner."
Jim and Kelly Tanner
Read Quote >
View All Quotes >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
Talk To Tammy 5 Star Team is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
|
 |
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.
|
|
| Q |
Where is the world's largest art gallery?
|
| A |
At the Winter Palace and Hermitage in St. Petersburg, Russia, visitors would have to walk 15 miles to see the 322 galleries which house almost 3 million works of art.
|
 See More Real Estate Trivia > |
|
|
Talk To Tammy 5 Star Team
Signature Properties
209 Main Street
Festus MO 63028
Phone: 636-931-9100
Fax: 636-937-1110
Email: tammy@talktotammy.com
The Talk To Tammy 5 Star Team Mission Statement
To provide first class service with honesty, integrity, promptness, and an "It's My Pleasure" attitude to every client we serve. To have a balanced life while maintaining the marketshare and giving back to our community.
"Anything Less Than Excellence is Unacceptable"
www.TalkToTammy.net
is brought to you by Talk To Tammy 5 Star Team
NUMBER1EXPERT in real estate for Jefferson County, St Louis and Festus, Missouri
Read Talk To Tammy 5 Star 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 
