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Security Title Agency
Security Title Agency: Superstition Springs Branch, LuAnn Pulver, Manager
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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from John Hill Group, a proven Gilbert, Queen Creek and Mesa, Arizona NUMBER1EXPERT™ Top Selling real estate agent. Find Gilbert, Queen Creek and Mesa Homes - Find Gilbert, Queen Creek and Mesa, Arizona real estate listings & homes for sale provided by John Hill Group, your local expert real estate agent. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from John Hill Group, a proven Gilbert, Queen Creek and Mesa, Arizona NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from John Hill Group, a proven Gilbert, Queen Creek and Mesa, Arizona NUMBER1EXPERT™ Top Selling real estate agent. Gilbert, Queen Creek and Mesa Information - Find local information on Gilbert, Queen Creek and Mesa, Arizona including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by John Hill Group, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from John Hill Group, a proven Gilbert, Queen Creek and Mesa, Arizona NUMBER1EXPERT™ Top Selling real estate agent. About John Hill Group - Information about John Hill Group including testimonials, guarantees, credentials, and contact information. Learn why John Hill Group is a proven Gilbert, Queen Creek and Mesa, Arizona NUMBER1EXPERT™ Top Selling real estate agent. 
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Tax Considerations >Tax Implications of Selling Your House Most of my clients profit from selling their homes, and they often have questions about capital gains tax.
When you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. Gains above these limits are taxed at the current rate of 15% for higher income taxpayers and 5% for lower income taxpayers. In 2008 the 15% rate will continue for higher income taxpayers; while the 5% lower income rate will drop to 0% for the 2008 tax year only. On January 1, 2009, the long-term capital gains tax rates will once again be 15% and 5% through 2010.
Homeowners can use this tax-free provision every two years. As set forth in the American Job Creation Act of 2004, properties converted from a 1031 exchange property into a primary residence must be held and used as a primary residence for at least five years to qualify for the tax exemption.
Consult your tax accountant for more detailed information regarding your particular circumstance.
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What was considered the world's tallest building one hundred years ago?
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The Eiffel Tower in Paris, France, completed in 1889 and standing 984 feet tall, is still considered one of the world's greatest structures. |
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