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Serving the
Wisconsin Fox Valley communities of: |
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Specializing in Wisconsin Buyer
Agency and |
Phone H.
Strobl Realty at:
920-731-9232 - 920-810-4616 - 877-296-5122
Phone H.
Strobl Realty at:
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the RANW MLS. Real Estate listings held by brokerage firms other than H. Strobl Realty, Inc. include the name of the listing broker. Only listings of Brokers participating in IDX are included. 2002 REALTORS® Association of Northeast Wisconsin Multiple Listing Service. All Rights Reserved.
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Homeowners are winners under the Taxpayer Relief Act of 1997. Under the new law, up to $250,000 ($500,000 for a married couple filing a joint return) of gain realized on the sale or exchange of a principal residence is not taxable – not just deferred. In addition, the new law reduced the capital gains tax rate. Any gain from your home sale in excess of $250,000/$500,000 is taxed at the new lower rate. Homeowners qualify for this tax exclusion if two requirements are met:
If you are selling your home, you should contact a tax advisor for details on how this new law applies to your sale. |
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor the owners of this site nor RANW MLS, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. |
