Tax Breaks for Military Families - Home buyers tax credit
Military outside the U.S. for at least 90 days between
December 31, 2008, and May 1, 2010, have an extra
year to qualify for the $8,000 first-time home-buyer
credit or the $6,500 credit for current homeowners.
They have until April 30, 2011, to sign a contract and
until June 30, 2011, to close on the new house.
Normally, if homeowners don't live in the new house
for at least three years, they have to repay the tax
credit. But there's an exception for members of the
military who have to relocate because of government
orders.
Military families also get a special break when they
sell their homes. Most homeowners need to live in a
house for at least two of the five years leading up to
the sale in order to claim tax-free profits of up to
$250,000 ($500,000 if married filing jointly). But
because they move frequently, military families need
to live in the house for only two of the preceding ten
years in order to qualify if they are on qualified
official extended duty, which means living at least 50
miles from home or in government quarters.
Tax Breaks for Military Families:
Homeowner breaks.
Service members serving
|
|
| Property Photos | |
|
|
|
 |
 |
 |
 |
| Property Remarks |
|
|
|
Lovely garden villa, freshly painted & professionally cleaned. Move in ready. Split BR's,remote ceiling fans, metal safety sunscreens, lg master walk-in closet w/built-ins,storage cabinets in garage, 1 car & golf cart space. A must see home. To see other Active Adult Homes or use my Virtual Home Finder please visit mt web site: http://jbaker.longrealty.com |
| Posted by Judi Baker on 03/13/2010 08:29 AM | Comments (0) | sun city vistoso, long realty, long realty oro valley | Edit | Delete |
 |
 |
 |
Sun City Vistoso - Oro Valley Arizona
Sun City Vistoso is a 1000 acre active adult retirement community conveniently located northwest of Tucson, at the base of the Catalina Mountains in the Town of Oro Valley. The beautiful setting is only the beginning of the quality of the Sun City Vistoso community. With a population of over 4500 active adults, Sun City Vistoso offers a friendly hometown feeling - close enough to the city for convenience but far enough away for tranquility.
The amenities offered include an 18-hole championship golf course intricately blended with its desert base, miles of wide, clean streets and sidewalks ideal for walking and bicycling, and three recreational facilities that offer many programs and opportunities active adults enjoy.
The community, with 2488 homes (single family, garden villa and patio homes) was established in 1986 by the Del Webb Corporation. Control was turned over to Sun City Vistoso Community Association, Inc. in 1995. Sun City Vistoso is governed by a seven member Board of Directors elected by the residents with day to day operations managed by professional staff.
See Sun City homes currently on the market - Just click on link below.
| Sun City Vistoso Homes |
Finding a real estate agent who understands the unique needs of older Americans is a crucial component in having a successful real estate transaction. Life changing events such as the passing of a loved one, illness, downsizing, and/or retirement are a unique set of issues that often accompany the buying and selling of property for older Americans. Because this is an important and life changing decision, do not just pick a real estate agent out of the phone book, and/or stick with the first agent you meet - interview at least two agents. Make sure that you feel comfortable with the agent you will be working with. In the interview question the agents about their experience in handling clients dealing with the issues that you are dealing with. Try to get a sense of whether or not the agent would be sensitive to your needs; and make sure the agent is willing to deal with other family members if necessary. When selecting an agent, discuss the percentages that the agent will charge you for selling your property. If an agent tells you he/she is charging you a "standard" percentage rate for services, be weary, this is false. A percentage rate is negotiable by federal law. The length of the contract in which you list with the agent is negotiable as well. Pick a real estate agent who is willing to show you a marketing plan. A solid marketing plan demonstrates a commitment and willingness that will be instrumental in selling your property in a timely manner, eliminating unnecessary expenses related to utilities, real estate taxes, interest expense and lost interest income. A marketing plan should include advertising in a variety of venues, (for example flyers, the newspaper, open houses, the Internet). The property should always be listed in the local MLS, which is the industry standard publication that is utilized by all agents. Although a real estate agent is not a financial advisor, attorney or tax consultant, a good agent should possess basic knowledge in these matters. The agent should possess enough knowledge to let you know which expert you need to consult with should any issues or questions arise related to those topics.
Following these guidelines will go a long way towards creating a positive experience when buying or selling property. As an older American you deserve peace of mind during this time of transition.
Email: jbaker@longrealty.com
Sun City Vistoso is a 1000 acre active adult retirement community conveniently located northwest of Tucson, at the base of the Catalina Mountains in the Town of Oro Valley. The beautiful setting is only the beginning of the quality of the Sun City Vistoso community. With a population of over 4500 active adults, Sun City Vistoso offers a friendly hometown feeling - close enough to the city for convenience but far enough away for tranquility.
The amenities offered include an 18-hole championship golf course intricately blended with its desert base, miles of wide, clean streets and sidewalks ideal for walking and bicycling, and three recreational facilities that offer many programs and opportunities active adults enjoy.
The community, with 2488 homes (single family, garden villa and patio homes) was established in 1986 by the Del Webb Corporation. Control was turned over to Sun City Vistoso Community Association, Inc. in 1995. Sun City Vistoso is governed by a seven member Board of Directors elected by the residents with day to day operations managed by professional staff.
See Sun City homes currently on the market - Just click on link below.
Sun City Vistoso Homes |
Native to Tucson and its my home for Life. I love the people, the desert, the mountains and all the outdoor activities we have 365 days a year. WHAT A PLACE TO LIVE!
Judith Baker GRI,ABR
As you look through the many websites of Tucson realtors I would like to share with you that I feel working as a full time agent is critical. The market changes daily and knowing current market information will benefit you as a buyer or seller.
As your agent, my first job is to listen to what your criteria is whether you are buying or selling a home. Your priorities become mine.
My commitment to you is not only my time but the knowledge I have of Tucson's Market and the area. I will implement different plans according to your needs.
As a Seller's Agent we will spend time on working on how to best market your home. This does not only mean what part I will play in advertizing, open houses, Realtor Tours, mailers and articles in various magazines but how we will get your home to the level to allow you to make the most out of the sale. Marketing a home starts with our relationship in your home looking at all the features which can be evaluated to increase your potential sales price.
As a Buyer's Agent we will discuss the buying process fully and investigate all aspects of what your needs are in a home and I will explore all options to meet the goals we have set up regarding your purchase.
My commitment to you is to explore, invest and implement until we reach your goal.
Tucson arizona, vail arizona, oro valley arizona, dove mountain, marana arizona,
Judi is representing me on the sale of two condos in Tucson. She is thorough, thoughtful and pays attention to details. I recommend Judi for her professionalism and people skills. P. Monohan
Judi is a very personable and very professional realtor with great market knowledge and I would recommend her to anyone. S.Smart
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
