West Milford, Oak Ridge and Vernon real estate and homes for sale in New Jersey, Family Homes, Commercial Properties - Mark Werner, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
Contact Information
Email Mark Werner
Login
Go To Sitemap
Mark Werner

Feature Properties
Feature
Properties

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 973-657-9222.

Special Offers
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 >

Testimonials
Coming Soon
Read Quote >

TripleCalc
Compare three mortgages at one time. Download TripleCalc now. It's free.

Real Estate - Homes - NUMBER1EXPERTS Sell More!
Mark Werner is one of The Top Selling Real Estate Experts™
Find Out More >


School Reports
See the nation's top rated reports for Schools in West Milford, Oak Ridge and Vernon >


Latest Listings
Get the Latest Listings Before Anyone Else!
As soon as I list another home for sale, I'll email you. You'll know first.
Name:
Email:
Affiliates

Latest News
Get the Latest Real Estate News, Hot Off the Presses!
If you are buying or selling a home, you need my eNewsletter.
Name:
Email:
Affiliates
Welcome > Resources > Special Offers > Affiliates ...

Check Out These Special Offers From My Affiliates! 

Just for you from the affiliates of my web site! Please take advantage of the following special offers... 

Coming Soon
Find Out More >

Landscaping
For all of your landscaping needs.
Find Out More >

Mortgage Recommendations
Looking For The Best Interest Rate For Your Financing Needs??? Look No More!!!
Find Out More >




School Reports in West Milford, Oak Ridge and Vernon, New Jersey
"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
The Heritage Foundation

New Jersey Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in West Milford, Oak Ridge and Vernon 



Real Estate Tips
Tax Considerations >Tax Rewards for Homeowners

The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.

Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.

The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.

See All Tips In The "Tax Considerations" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
Whose mansion sold for about $2 million after just one day on the market?

A 
Soon after the death of George Burns his home was put on the market; the home sold in 24 hours.
See More Real Estate Trivia >


Print This Page Send To A Friend


Mark Werner, REALTOR®, real estate agent and broker for West Milford, Oak Ridge and Vernon New Jersey home listings, property and land for sale - NUMBER1EXPERT™

Mark Werner
Werner Realty

1900 Union Valley Rd.
Hewitt NJ, 07421
Phone: 973-657-9222
Email: MarkWerner@NUMBER1EXPERT.com


www.yhtsells.com is brought to you by Mark Werner
NUMBER1EXPERT™ in real estate for West Milford, Oak Ridge and Vernon, New Jersey, Family Homes, Commercial Properties

Read Mark Werner's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge



USA and Canada Real Estate - NUMBER1EXPERT
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.

www.yhtsells.com is brought to you by Mark Werner