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All agents are NOT alike! Find out why we are top real estate experts. Call us: 703-464-0979.
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Outstanding Service & Consummate Professionalism "Her insights and understanding of the factors...allowed us to maximize our gains..." Mike and Susan Cather, formerly of Chantilly, VA Read Quote > View All Quotes >
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Request Our Free Relocation Package. Don't Move To Northern Virginia Without It! Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate to and from the Northern Virginia area. If you will be moving to the area, we can correspond by email and phone. Together, we'll determine what type of home, price range, and neighborhoods you are interested in. We'll send you every home or property that is currently available that matches your criteria. When you visit, we'll be ready! We will visit the neighborhoods and homes that interest you the most. In addition, we can talk about schools, sub-divisions, local market conditions, local culture... anything that is important to you. Remember: As top Northern Virginia REALTORSŪ, it's our job to know this area inside and out, and we want to make your transition as smooth as possible. Are you new to the area? Request our FREE package of Northern Virginia relocation information. It's our job to help! There's no obligation, and we promise to respond quickly... 
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Tax Considerations >Beneficial Tax Laws
American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
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