If you have made it past the two-year mark in your home, you can put the equity you’ve gained in your home to work for you - tax free!

You could now take advantage of the IRS Tax Gain Exclusion from Income – up to $500,000 for a married couple.  Briefly and generally stated, after two years in your primary residence, you qualify for the tax exempt gain – therefore you can roll over the appreciation in your home over into a new home, upsizing or downsizing according to your particular needs – or cash out for other personal goals & plans, without paying income tax on that portion of the gain.  I encourage you to ask your accountant regarding the favorable impact this could have on your tax base, finances and life.

In brief, I certainly realize this information may spark the need for additional data for planning and prioritizing strategically.  That’s why I also offer a free, personalized Comparative Market Analysis for your specific home, to ascertain its current market value, so you can determine what your anticipated net proceeds could be.  Additionally, you can request a free copy of Publication 523 in the FREE REPORTS section of this site.  This is all to help you accurately plan - Especially in light of our market surge last year.  As I always say, “Plan the work, and work the plan”.  That’s how we get things done effectively and efficiently.

I truly hope that this information is stimulating and helpful.  In summary, I earnestly desire to help you achieve your goals, and be integrated into one of the most important decisions in your life.  Call or e-mail me today to schedule a phone or personal interview.  Thank you for your time, and attention.  I look forward to your contact.