Read Quote
>
WHY CHOOSE A CRS?
Less
than 4% of all agents are Certified Residential Specialists.
When
relocating anywhere look for a CRS!
Call us at:
630-790-3100
Find Out About the Latest Homes for Sale First!
We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
|
|
|
Special Offers From Us To You! Just for you, we've assembled some Special Offers. Choose one or all!
No Closing Costs
Buy any Turley listing and PAY NO MORTGAGE CLOSING COSTS! For additional information contact The Turleys.
Tax Considerations >Your Tax Free Profits
Significant tax reform legislation was signed into law with the Taxpayer Relief Act of 1997. This legislation replaced both the one-time $125,000 tax-free exclusion for homeowners aged 55 and older, and the "rollover" deferment of capital gains tax requiring the purchase of a replacement home of higher or equal cost within two years of the sale of your principal residence.
With this change, a married couple filing their taxes jointly pays capital gains taxes only on that portion of home sales profits that exceeds $500,000. Single taxpayers, heads of households, and married persons filing separately may exclude up to $250,000. The exclusion is available for all sales of homes that occurred on or after May 6, 1997. Homeowners can use this tax-free provision every two years.
You are allowed to keep these tax-free profits only if you have owned and used the home as your principal residence for two out of the five years prior to the sale of the property. Although the regulations do not require continuous occupancy, the IRS specifies that your principal residence must be the home you use for the majority of time during the year. Consult your tax advisor about your personal circumstance.
|
| Q |
Originally incorporated under the name Georgiana, what is the oldest incorporated city in the United States?
|
| A |
York, Maine, which received an English charter in March 1642, is the oldest incorporated city in the U.S. |
 See More Real Estate Trivia > |
|
|
The Turleys
Keller Williams Premiere Properties
462 N. Park, Suite 100
Glen Ellyn, IL 60137
630-790-3100
Fax: 888-545-8338
turleys@theturleys.com
The Turleys are your NUMBER1EXPERTS serving Glen Ellyn, Wheaton and all of Dupage County. The Turleys are not only recognized as one of the top Realtors locally, but also ranked among the top 1% of all Realtors nationally. The Turleys success can be attributed to their 47 years combined real estate experience, extensive market knowledge, use of cutting edge technology, and outstanding customer service!    
Keller Williams Realty Brings You Home!
Keller Williams Realty agents have been awarded
"Highest Overall Satisfaction for Home Buyers Among
National Full Service Real Estate Firms for Two Years in a Row!"
www.TheTurleys.com is brought to you by
The Turleys
NUMBER1EXPERT™ in real estate for
Glen Ellyn, Wheaton and Chicago Western Suburbs, Illinois Read The Turleys'
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
