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Sargeant Team, REALTOR®, real estate agents and broker for Edmond, Oklahoma City and Nichols Hills Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

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Real Estate Tips
Tax Considerations >Capital Gains Exemptions

Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.

Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must prove that the job change occurred while you owned and used the home as your primary residence, and that your new job is located at least 50 miles farther from your residence than your previous place of employment.

A reduced exclusion from capital gains tax may also be granted for health reasons. If your motivation for selling your house was to obtain diagnosis, treatment or cure for a disease or injury to you or a family member, you can apply for an exclusion. Unforeseen circumstances such as death, unemployment, divorce or natural disasters may also reduce your capital gains tax. Consult a tax professional for advice about your unique circumstance.

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Real Estate Trivia
Q 
What unique type of home is making news as an affordable, environmentally-friendly housing alternative?

A 
Straw bale homes may well become the non-toxic, affordable home of choice in the future.
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Sargeant Team, REALTOR®, real estate agents and broker for Edmond, Oklahoma City and Nichols Hills Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Rowell Sargeant of the Sargeant Team
Keller Williams Realty Edmond

10 East Campbell
Edmond, OK 73034
Cell Phone: (405) 830-4849
Fax: (866) 217-8959
Office: (405) 330-2626
Email: rowellsargeant@NUMBER1EXPERT.com

Since 1974 I have been selling and finding homes for wonderful people across three states. After 30 years in real estate, I hold the expertise of the CRB, CRS, and GRI professional real estate certifications. My knowledge and wisdom will serve you well if you are buying or selling a home. Please contact me and it will be my pleasure to serve you.

Equal HousingMLSREALTOR


Keller Williams Realty Edmond real estate and homes for sale in Edmond, Oklahoma City and Nichols Hills Oklahoma

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