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experts. Call us:
Monica Nielsen at
407-460-4636 &
Karen Donohoe at
407-748-4861.

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Special Offers From Us To You! 

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School Reports in Celebration, Lake Nona and Orlando, Florida
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
- America's Best School Profiles by
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Florida Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Celebration, Lake Nona and Orlando 



Real Estate Tips
Tax Considerations >Beneficial Tax Laws

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.

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Real Estate Trivia
Q 
What is a "smart home"?

A 
A "smart home" is equipped with structured home wiring packages that control the home's systems via networked technologies.
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Team Imagination, REALTOR®, real estate agent and broker for Celebration, Lake Nona and Orlando, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Team Imagination
Imagination Realty, LLC

617 Celebration Ave
Celebration, FL 34747
Kathleen Carlson: 407-361-7653
Karen Donohoe: 407-748-4861
Fax: 407-641-8891
ImaginationTeam@NUMBER1EXPERT.com

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