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ONE OF A KIND! OUR COMPANY REFERS SELLERS/BUYERS TO THE TOP SELLING REALTOR IN EACH NEIGHBORHOOD TO ASSURE THE VERY BEST EXPERTISE.

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Florida Tropical Homes, Inc, REALTORŪ, real estate agents and broker for Fort Lauderdale Florida home listings, property and land for sale - NUMBER1EXPERT(tm) Florida Tropical Homes, Inc, REALTORŪ, real estate agents and broker for Fort Lauderdale Florida home listings, property and land for sale - NUMBER1EXPERT(tm)
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Provided is a lot of information that will help in your next move whether you are buying or selling



I hope you find everything you need regarding real estate in Southeast Florida. If not, please contact me. I understand that you are eager to start this exciting journey - and I look forward to traveling along with you, serving and guiding you every step of the way.



Your South Florida Connection working in these areas: Deerfield Beach, Lighthouse Point, Hillsboro Beach, Lauderdale By The Sea, Margate, Tamarac, Coconut Creek, Parkland, Sunrise, North Lauderdale, Lauderhill, Lauderdale Lakes, Oakland Park, Plantation, Cooper City, Weston, Pembroke Pines, Davie, Miramar, Hollywood, Hallandale Beach, Highland Beach, Delray Beach.

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Real Estate Tips
Tax Considerations >Tax Implications of Selling Your House

Most of my clients profit from selling their homes, and they often have questions about capital gains tax. When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010. Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption. Consult your tax accountant for more detailed information regarding your particular circumstance.

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Real Estate Trivia
Q 
What area in the United States has the highest per capita income?

A 
The New York/New Jersey/Long Island area has a per capita income of over $750,000, according to the most current available U.S. census data.
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Florida Tropical Homes, Inc, REALTORŪ, real estate agents and broker for Fort Lauderdale Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

www.SoFloridaHomes.com
Florida Tropical Homes, Inc.

Fort Lauderdale, FL
Contact Me With Confidence!
Office: 954-345-5530
Fax: 954-671-1238
Cell Phone: 954-270-3463
Email: sofloridahomes@NUMBER1EXPERT.com
Email: risden@bellsouth.net

Florida Tropical Homes is a professional real estate brokerage company that specializes in South Florida residential and commercial sales/rentals. With over 32 years experience in the South Florida market, buyers and sellers can be assured the most comprehensive real estate service in the area, serving their clientele with integrity and skill. From warm emerald green waters and white sand beaches to the Everglades, South Florida is an area of incredible natural beauty and has something for everyone. The Gold Coast of South Florida stretches over 120 miles along the Atlantic Ocean with over 5,150 square miles of land in three counties: Broward, Palm Beach and Miami-Dade.

GRI REALTOR Equal Housing wcr


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