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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 >
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"We Wish We Would Have Talked To Tammy First" "We wish we would have talked to Tammy first so we could have SOLD it even sooner." Steve Cantonwine and Diana Bourisaw Read Quote > View All Quotes >
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Talk To Tammy 5 Star Team is one of The Top Selling Real Estate Experts Find Out More > |
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About the Jefferson County, Missouri Area Request our Free Jefferson County, St Louis and Festus Relocation Package. It's packed full of useful and important information about the Jefferson County, St Louis and Festus, Missouri area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... It's our job to know EVERYTHING about Jefferson County, St Louis and Festus! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
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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.
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| Q |
What Kauai location was used to portray Never-Never Land in "Hook," the remake of Peter Pan by Steven Spielberg?
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| A |
Kipukai beach |
See More Real Estate Trivia > |
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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.
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