Lafayette real estate IN, West Lafayette real estate and Purdue University real estate, home listings and homes for sale in Indiana - Cathy Russell, REALTOR® Cathy Russell REALTOR(r) for Lafayette, West Lafayette and Purdue University real estate, land - NUMBER1EXPERT™ Cathy Russell NUMBER1EXPERT(tm) for Lafayette, West Lafayette and Purdue University real estate, land
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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 765-497-0700.




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Cathy Russell is one of The Top Selling Real Estate Experts™
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Property Valuation: Lafayette, West Lafayette and Purdue University home buying, real estate listings, and homes for sale in Tippecanoe                     County, IN
Welcome > For Sellers > Property Valuation ...

Buyers Want Your Home for As Little As Possible. Quickly Find Out What It's Really Worth, by Email, for Free.
 

Are you thinking of selling your Lafayette, West Lafayette and Purdue University home? You should know exactly what it's worth before making such an important decision. 

Let me do a quick "Comparative Market Analysis" for you, for free, and with no obligation. Also known as a CMA, this analysis compares your home to others that are currently on the market and to those that have recently sold. 

As a top Realtor, I determine the value of Lafayette, West Lafayette and Purdue University, Indiana area homes daily. Using the information you provide below, I can perform a quick market analysis, and give you a free estimate of what your home is worth in today's market. 

Remember, market conditions can be different, even one Lafayette, West Lafayette and Purdue University neighborhood to the next. I know how to take all these factors into account when determining the true market value of your home. 

This service is completely free and without obligation. There are absolutely no strings attached. Why? I want the chance to show you my expertise as a top Lafayette, West Lafayette and Purdue University real estate agent. 

Please provide me with some basic information on your home. I'll get back to you quickly...
 

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Real Estate Tips
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.

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Cathy Russell, REALTORŪ, real estate agent and broker for Lafayette, West Lafayette and Purdue University home listings, property and land for sale - NUMBER1EXPERT(tm)

Cathy Russell
Cathy Russell Team Real Estate

2506 Covington
West Lafayette, IN. 47906
Phone: 765-497-0700
Fax: 765-497-1003
Email: cathyrussell@NUMBER1EXPERT.com

Cathy Russell is the TOP REAL ESTATE AGENT in the Lafayette area. She has a proven track record which few agents can match! Experienced Assistants work exclusively for Cathy to provide SUPERIOR SERVICE. They free Cathy to spend more time with YOU!


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