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All agents are NOT alike! Find out why we are top real estate experts. Call us: 719-339-2233.
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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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Compare
three mortgages at one time. Download TripleCalc now. It's
free.
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The Secundy Team
is one of The Top Selling Real Estate Experts Find Out More > |
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Download TripleCalc for FREE. It's Our Gift to You. You can compare three loans at one time with TripleCalc software. The software installs easily on your Windows PC. You don't have to be online to use TripleCalc, like the other calculators on our site. You can leisurely compare three loans from three different lenders, and try different scenarios to see which loan is best for you. TripleCalc would cost you about $30 elsewhere, but you can have it for FREE. It's our gift to you for visiting our Colorado Springs, Broadmoor, Fountain and El Paso County web site. You can send copies of TripleCalc to all your friends and associates. Click on the Download link below to get TripleCalc. It's a small file (about 225k) so it will download quickly. Save it on your hard drive, and then double-click on it. You'll see that it installs in a snap...
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TripleCalc Now!

This is what TripleCalc
will look like on your Windows PC. You can compare 3 loans,
at one time -- and you don't have to be online. TripleCalc
lets you get a leg up on complicated loan comparisons. |
Includes 8 other calculations
you can't do without:
- Simple Mortgages with P.I.T.I.
- Pre-qualifying mortgages
- Plus lease, investment, balloon payment and
other calculators.
- Every calculator uses the super-convenient
"compare three at once" format.
- It's FREE.
Download
TripleCalc Now!
Download
TripleCalc Now!
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Tax Considerations >Taxable Profits
If you are thinking of selling your home and your house has risen in value since you purchased it, or you have accumulated a lot of deferred profit from previous sales, the Taxpayer Relief Act passed in 1997 could be of tremendous value.
Prior to this law, when a homeowner moved to a smaller home, relocated to a less costly area, or made a decision to rent, they were left with unfavorable tax consequences. The old tax law allowed people who sold their homes to defer tax on any profit by buying a replacement home of at least equal value within two years. At age 55, they could permanently escape tax on up to $125,000 of profit, but any profit in excess of that amount was taxable unless a new home was bought.
The good news is that with homes sold after May 6, 1997, homeowners can make as much as $500,000 tax-free profits on the sale of a principal residence for joint filers or $250,000 for single filers. The $500,000 capital gains exclusion removed taxes as a consideration for most home sellers by giving them flexibility to trade up or down. It has also allowed homeowners to preserve the savings value of a home when they sell, provided they use the property as their principal residence for two of the prior five years prior to the sale.
Consult your tax advisor for your particular circumstance.
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| Q |
What recent hit movie features a field trip scene that supposedly takes place at Columbia University in New York?
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| A |
The scene in the movie "Spider-Man", where Peter Parker shoots photos of Mary Jane and is bitten by the spider, was actually filmed in the Museum of Natural History in Los Angeles, California. |
See More Real Estate Trivia > |
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The Secundy Team - Brad and Amy Secundy Remax Properties 2630 Tenderfoot Hill Street Colorado Springs, CO. 80906 Phone: 719-339-2233 Fax: 719-576-1746 Email: AmySecundy@comcast.net
TOP 20 Top Producers at Remax Properties.Top 30 Listing Agents In Pikes Peak MLS 2005
* New Construction, Resale, Military Rebates, Custom Homes. As a Relocation Specialist and Buyers Agent , we specialize in serving Internet Savy home buyers who want to shop at their own pace using the internet. Be the first in line to see homes that match your criteria.
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