Tuesday, August 21, 2012

Businessman, Professional Realtor agent, GRI, Broker associate, Coldwell Banker Residential Brokerag




According to U.S. income tax law, home owners los angeles luxury car rental have a possible capital gains exclusion from income tax on the sale of their main home  - and can protect the gain on if they have lived at the main home for 2 out of the past 5 years.
When a taxpayer has owned and used the property as their main home for at least two years out of a five-year period right before the sale, they may be able to exclude up to $250,000 of capital gain (up to $500,000 if married filing a joint tax return).
Be careful with this.  If you are home or property seller, you should contact an income tax professional to determine whether you are eligible to protect your gain on sale of your main home and property.
Contact us about listing and sale of Orange County CA homes and real estate.   ~   Professional REALTOR® agent representation   and help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at   Orange County, CA .
Businessman, Professional Realtor agent, GRI, Broker associate, Coldwell Banker Residential Brokerage - Orange County, California - CA DRE 01410855 - Helping property owners, estate trustees, executors and administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties - helping people with their best decisions about homes and real estate - Member at the Orange County Association of REALTORs (serving los angeles luxury car rental on its board of directors for 2012); California Association of Realtors (serving on its board of directors for 2011-2102); National Association of Realtors - attorney los angeles luxury car rental member of the California State Bar Association #69137 - Contact by telephone or text at 949-701-2515
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