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School Information: Greensboro North Carolina home buying, real estate listings, and homes for sale in Guilford County, NC

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Get Free Greensboro School Reports From Local Experts, Quickly by Email

Everyone offers free school reports. We do too! Plus we offer more. As top Greensboro Realtors, we can tell you things about the schools that no report generated by a computer will ever know. Remember, we consult with people moving to the Greensboro, North Carolina area on a daily basis. It's our job to know, and our job to tell you.

Call us for a first-hand experience of the local schools. Or fill out this form to send us a message right now. It's free and without obligation. We'll get back to you immediately with a phone call, a free report, or a brochure from a local school...

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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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Q	What criteria determines the hottest real estate markets?
A	Job/personal income growth; population/household growth; housing affordability/appreciation; and current inventory of homes for sale.
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Bruce Williams and Team, REALTORŽ, real estate agents and broker for Greensboro North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Bruce Williams and Team
Bruce Williams & Assoc., Inc.
Triad Select Real Estate Group
3150 N. Elm St Ste 101
Greensboro, NC 27408
Phone: 336-387-2220
Fax: 336-387-2221
Toll Free: 800-948-5535
Email: bruce-williams@NUMBER1EXPERT.com
Quality Customer Service is my focus. My ability to match buyers with their ideal property and to provide effective marketing strategies for sellers has been acknowledged with the Executive Club, President's Club and 100% Club Awards. I obtained the GRI (Graduate RealtorŽ Institute) shortly after entering the real estate business 15 years ago. I also carry the CRS designation. Only 4% of the Nations 1 million plus REALTORSŽ have attained the CRS (Certified Residential Specialist). I am proud of my involvement in the real estate profession. Most importantly I believe my success is evident through many repeat customers and clients. I and my team take time to get to know you, the customer, and I personally make it my goal to help you have a successful and satisfying real estate experience. "Real Estate..It's what we do from here to the Coast!"

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