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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 636-530-4005.Licensed in Missouri since 1987!
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Before signing a contract with any REALTORŪ, make sure you know EXACTLY how your home will be marketed.
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Welcome to the Most Comprehensive Real Estate Resource Center available for the St. Louis, Missouri area. Here you can find great information on Chesterfield, Wildwood, Ballwin and other communities in both West St. Louis County and St. Charles County. |
Your Chesterfield, Missouri Real Estate Resource!Need local real estate information? I've summarized much of what is important about the St. Louis, MO real estate market in this site. I specialize in selling homes in both St. Louis and St. Charles Counties. I will help you find the home that best meets your needs. Or, If you are wanting to sell, let me show you how my marketing efforts and pricing strategy will help get your home sold quickly for the highest price the market will bear. Buying and selling a home is one of the biggest events in your life. When you are ready for the help of a professional, please feel free to contact me. Janice Freeman Do you like JaniceFreeman.com? Save me in your favorites folder and come back to visit me later.
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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 |
How can you give your home the equivalent of sunglasses?
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| A |
Install low "E" squared glass filters sunlight, saves on energy costs and prevents fading of furniture, drapes and carpets. |
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