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 >
|
"He Sold Our House for Full Price!"
"After just 10 days on the market, he sold our house for full price. Thanks John!"
– Roger and Sandi Kitchen
Read Quote >
View All Quotes >
|
|
|
|
Find Huntsville, Madison and Hampton Cove Homes:
Feature Homes - Homes for sale, listings, properties, & other real estate in Huntsville, Madison and Hampton Cove, Alabama, with virtual tours, photos, and more. Serving Madison County Real Estate. Search All Local Listings - Search all the local listings in Huntsville, Madison and Hampton Cove, Alabama. National Listings Databases - Homes for sale in national American USA web site listings databases of properties. New Construction - New homes for sale, new construction and newly built properties and real estate subdivisions Unique & Luxury Homes - Home buyers, find luxury homes, real estate, beach front properties, mansions, & acreage/land for sale on these top national & international listings web sites. International Properties - Find international homes for sale on these international/global real estate web sites from Canada, Europe, France, Germany, UK, Great Britain, Spain, Italy, Asia, Africa, and beyond. Search ALL the Experts' Homes - Search the best local homes for sale from all the real estate experts, agents, REALTORS®, and brokers. Go to Main Sitemap - Main sitemap sections include Find Huntsville, Madison and Hampton Cove Homes, For Home Buyers, For Home Sellers, Huntsville, Madison and Hampton Cove Information, Real Estate Resources, and About John Morley. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
|
|
| Q |
What is the world's most capacious building?
|
| A |
The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet. |
 See More Real Estate Trivia > |
|
|
John Morley
Coldwell Banker Premier
4092 South Memorial Parkway
Huntsville, AL 35802
256-382-3737
Fax: 1-800-882-2913
johnm@morleygroup.com
Many agents think their most important job is satisfying the customer. I don’t think that’s true. I believe that satisfying the customer is simply the minimum requirement for staying in business. We work constantly to improve our systems, processes and services to go well beyond the standard level of “service” provided by most agents.
We want to make you so satisfied with your decision to hire us that you will gladly refer us to your friends and family.    
www.johnmorleyrealtor.com is brought to you by
John Morley
NUMBER1EXPERT™ in real estate for
Huntsville, Madison and Hampton Cove, Alabama Read Morley's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERT™ 
