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Team Klaw, REALTOR®, real estate agents and broker for Tampa Bay, St. Petersburg and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)
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"Your team is the greatest; friendly and professional. We want to thank you for listing and selling our home and regret we didn't list with you sooner. We definitely will refer you to our friends and family. Wishing you Great success." 

Chris & Dwight, T.I. Florida

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Real Estate Tips
Tax Considerations >Tax Rewards for Homeowners

The Federal Tax Code has significantly improved the American taxpayer's ability to profit by selling a principal residence. Prior to 1997, homeowners could take advantage of a tax benefit termed the "rollover", which granted exemption from capital gains taxes on the net profit from the sale of a home. Homeowners who used profits to purchase a bigger and better home did not have to pay tax. And homeowners over the age of 55 were given a once-in-a-lifetime exclusion from taxes on profits of up to $125,000 on the sale of their principal residence.

Compare those tax breaks with our current, streamlined and potentially more profitable arrangement that replaced both the rollover and the one-time exemption. If you are a married home-seller filing jointly, you may enjoy up to $500,000 in tax-free home sale profits, provided you have occupied the property as your principal residence during two of the last five years. Taxpayers who file singly get a $250,000 capital gains exclusion. Homeowners are eligible to exclude capital gains on the sale of a principal residence as often as once every two years.

The law allows capital gain exclusions whether you "buy up" to a more expensive home or "buy down" to a less expensive one. The tax-free dollars can be used in any way you want. Consult your tax advisor for detailed advice about your particular circumstance.

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Real Estate Trivia
Q 
What was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?

A 
That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles.
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Team Klaw, REALTOR®, real estate agents and broker for Tampa Bay, St. Petersburg and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Team Klaw
Sara E. Klawiter, P.A.

Keller Williams Realty, Gulf Coast-Beach Extension
13800 Park Blvd.
Seminole, FL 33776
Office: 727-456-4761
Fax: 727-456-4769
teamklaw@topproducer.com

As a former principal of ten years and a sales person for a Fortune 400 company, I have gathered the knowledge and experience to understand people’s needs. My team of real estate consultants can guide you through every step of the buying and selling process. We pride ourselves in giving you great service!...As a member of the Multimillion Dollar Club and one of the top agents in the office. My success is due to my ethics, knowledge of Florida Real Estate, and my experience. We are only a phone call away. I can not wait to meet you and help make your dream come true!

Equal Housing MLS REALTOR


Keller Williams Realty, Gulf Coast-Beach Extension real estate and homes for sale in Tampa Bay, St. Petersburg and Clearwater Florida



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