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Tax Considerations >Capital Gains Exemptions

Home sellers are always interested in their tax deduction options. If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.

Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must prove that the job change occurred while you owned and used the home as your primary residence, and that your new job is located at least 50 miles farther from your residence than your previous place of employment.

A reduced exclusion from capital gains tax may also be granted for health reasons. If your motivation for selling your house was to obtain diagnosis, treatment or cure for a disease or injury to you or a family member, you can apply for an exclusion. Unforeseen circumstances such as death, unemployment, divorce or natural disasters may also reduce your capital gains tax. Consult a tax professional for advice about your unique circumstance.

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Q	What is the world's longest wall?
A	The Great Wall of China, at a length of 2,150 miles, nearly three times the length of Britain.
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Joe & Missy Cleary, REALTOR®, real estate agents and broker for Sarasota, Venice, Bradenton, Longboat Key and Siesta Key Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Joe & Missy Cleary
RE/MAX Alliance Group
5140 Ocean Blvd.
Sarasota, FL 34242
Office: 941-954-5454
Fax: 941-954-5455
Missy Cell: 941-809-3410
Joe Cell: 941-650-8485
Email: clearygroup@gmail.com
Hello! We are The Cleary Group of RE/MAX Alliance Group in sunny Sarasota, Florida. Our team of agents includes Brenda Bradshaw, Matthew Donovan and Cheryl Torres. We also serve Siesta Key, Pelican Cove, Bradenton, Venice, Longboat Key, and Lido Key, and have been selling in this area for over 10 years! We specialize in residential and condominium sales on the mainland and The Keys of Sarasota, Florida. Our high tech approach to the business enables us to keep close contact with our clients and to constantly learn new marketing techniques for our listings. We particularly enjoy working with people who are relocating to the area for retirement or those who are just starting new careers in this lovely community. Please call us toll free 1-877-814-1233 or email us today at Clearygroup@gmail.com.

www.theclearygroup.com is brought to you by Joe & Missy Cleary
NUMBER1EXPERTS™ in real estate for Sarasota, Venice, Bradenton, Longboat Key and Siesta Key, Florida

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Siesta Key FL Real Estate | Siesta Key FL Waterfront Properties | Siesta Key FL Beach Properties | Siesta Key Beach Homes For Sale

The Cleary Group has Real Estate Agents providing you with information on Real Estate, Waterfront Homes, Beach Homes, Beachfront Homes, Condo / Condominiums, Golf Properties, Rentals and more.

Our Florida service area includes but is not limited to Sarasota FL, Sarasota Beach FL, Pelican Cove FL, Siesta Key FL and Nokomis FL. Contact us today for more information.

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