Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!  It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. When you click on any link above, you'll see your chosen site, along with a form at the bottom of your screen. Use this form to request our quick Status Report on any homes or other real estate that interests you. It's free and without obligation. Remember: As top Fort Myers and Cape Coral area Realtors, it's our job to know more about a property than any web site. Make sure you have the most current information! 
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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What was the world's highest viewing platform before the opening of the Empire State Building in 1939?
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The Eiffel Tower, built between 1887-1889, was for 42 years the highest viewing platform in a man-made structure. |
See More Real Estate Trivia > |
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Steve Koffman & Associates Century 21 Sunbelt, Inc. 506 SW 47th Terrace Cape Coral, FL 33914 Toll Free: 800-742-5169, ext 132 Local Phone: 239-443-2463 Fax: 239-443-2486 Email: Koffman@NUMBER1EXPERT.com
Steve Koffman & Associates is the top Century 21 Team in Florida. Steve Koffman, broker/realtor, has 15 years of experience in Cape Coral and Lee County. Century 21 Sunbelt is the top brokerage in America. The team of Steve Koffman & Associates consists of 30 real estate professionals, each very successful and experienced in all aspects of real estate. The team has built its success on satisfied and repeat customers. 
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