Washington D.C., NW Washington D.C., Chevy Chase, MD real estate and homes for sale in District of Columbia -
Barbara Zuckerman
- REALTOR®
- NUMBER1EXPERT®
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 202-997-5977.
Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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BARBARA'S SHOWCASE OF HOMES
These properties presented by Barbara Zuckerman of Tutt, Taylor, Rankin, Sotheby's International Realty
American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
As one of America's NUMBER1EXPERTS™ in the Washington D.C. area, including Montgomery County, Maryland and Northern Virginia, Barbara is in the Top 1% of all real estate agents in the US. She will get you results! Barbara is well equipped to guide you through all your real estate needs. Please do not hesitate to contact her for more information
www.washdcrealestate.com
is brought to you by Barbara Zuckerman, real estate for
Washington D.C., NW Washington D.C., Chevy Chase, MD, District of Columbia
- NUMBER1EXPERT® 
