 Feature Properties
 Search All Local
Listings
|
All agents are NOT alike! Find out why we have so many repeat clients. We really care about you. Call Kerry: 908-447-2006.
|

Request Our Free Relocation Package! Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate! Find Out More > View All Offers >
|
Compare three
mortgages at one time. Download TripleCalc now. It's free.
|
David Witt and Kerry
Cahill-DeFuccio are some of The Top Selling Real Estate Experts Find Out More > |
|
|
|
Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU. Interest rates, zoning and tax laws, new ways to market your home and enhance its value... We can help you keep up with all the changes. As top real estate agents it's our job to stay informed, and to know how to handle every buying or selling situation. Sign up for our periodic real estate newsletter, and we'll keep you up to date. It is free and without obligation...

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 average price for a home in the United States?
|
| A |
According to recent data published by the NAR, the national median price for existing single-family homes is now $230,000. |
See More Real Estate Trivia > |
|

|
David Witt and Kerry Cahill-DeFuccio Weichert Realtors 9 West Main Street Clinton, NJ 08809 Tel: 908-447-2006 Fax: 908-537-9913 Email: davidandkerry@NUMBER1EXPERT.com
David Witt and Kerry Cahill-DeFuccio share the common goal of delivering superior service to every one of our clients every time. Our unparalleled dedication to our clients� best interests, whether buying or selling a home, is what sets us apart from our competitors. In this fast changing real estate environment it is more important than ever to have the best representation possible. Contact us today so that we can show you how our award winning, top producing team can help you achieve your real estate goals. 
www.HomesofHunterdon.com is brought to you by
David Witt and Kerry Cahill-DeFuccio NUMBER1EXPERTS in real estate for
Clinton, Hunterdon County and Warren County, New Jersey, Luxury Homes, Farms and Rural Properties Read David Witt and Kerry Cahill-DeFuccio'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.
|