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Welcome > For Sellers > What Did That Home Sell For? ...

Easily Find Out What that Home Down the Street Sold For, By Email, for Free.

If you are considering selling your home, you are probably wondering what other homes in the area are selling for.

There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your neighborhood. I can help!

I can tell you exactly what any home sold for in your area. I will furnish you with a list of homes that have recently sold on your street or in your neighborhood. I can also tell you about homes similar to yours that are currently for sale.

Find out what a home or property sold for, by email, for free! It's my job to help you determine real estate values in your neighborhood! There's no obligation, and I promise to get back to you quickly...

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Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Q	What house is thought to be the first one designed by Frank Lloyd Wright?
A	Charnley House in Chicago, Illinois, is considered to be the first home designed by Wright while at Adler & Sullivan.
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Russ Neumann, REALTOR®, real estate agent and broker for Ridgefield and Redding, Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Russ Neumann
Neumann Real Estate Ridgefield
395 Main Street
Ridgefield, CT. 06877
Office: 800-966-0455
Cell: 203-470-4243
Fax: 203-431-6998
Email: russneumann@NUMBER1EXPERT.com
When you are ready to make a move, the choice of the right real estate agent makes a huge difference. WIth unique versatility and true compassion, Russ Neumann has built his reputation on trust and integrity. He really cares about the people around him. Regardless of the challenge or need, Russ delivers. Anyone who has worked with him will proudly boast about his or her experience. His commitment to quality service continues to help his business grow, and always results in relationships that last a lifetime. All the right moves begin right here...Call Russ today, and enjoy the experience! Russ Neumann - "Don't Make a Move Without Him!"

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