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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 314-805-7524.
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Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
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Check Out These Special Offers From My Affiliates! Just for you from the affiliates of my web site! Please take advantage of the following special offers...  
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 is the largest home in Hollywood?
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| A |
The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million. |
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Peggy Fox
Prudential Alliance, Realtors
17050 Baxter Rd., Suite 200
Chesterfield, MO 63005
314-805-7524
Fax: 636-537-2405
peggyfox@NUMBER1EXPERT.com
I am a firm believer in the value of real estate as a great investment! I have helped clients buy and sell properties in both Missouri and 'The Gold Coast' of Connecticut. Having made many moves myself (California, Connecticut, Michigan, Pennsylvania, Washington, to name a few) I understand the emotions and stress involved in moving, whether within town or to a completely new location.
As a token of my appreciation for the trust my clients have in me, I make a donation to the charity of your choice for every closed transaction. It would be my pleasure to assist you in your real estate transaction.
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