Welcome! Here You Can Find Great Information on Spring Lake, Sea Girt and Wall Township, New Jersey Real Estate  Getting in and moving up in an exclusive market takes more than good timing. It takes more effort and experience. More patience and trust. More inside information and immediate action. That's the promise kept by Donna Fahy-Waters, a dynamic real estate professional in Monmouth and Ocean counties. Combining full time energy and non-stop service, she gives clients the benefit of a top producer with the knowledge and knack for making things happen. All the time. With a background in finance and marketing, topped by over 14 years in local real estate, Donna balances technical brilliance with pure passion. Always on the job and in the know, she has earned a reputation for finding out first and acting fast-the advantage clients' need in a market where opportunities come and go in an instant.
Beyond her quick business acumen, she understands that something more than investment instinct brings people to Spring Lake, Sea Girt, Wall Township and the surrounding areas. She shares her clients' love of the homes, the communities and the endless charms of these quaint havens. Her success -- ranking among the top one percent of all agents internationally- proves that nothing markets a home more effectively than heart, and nothing empowers a dream more than believing.
When your dreams are put in motion, put the power of excellence on your side, Donna Fahy-Waters.
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Tax Considerations >Beneficial Tax Laws American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.
Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.
Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.
Consult your tax advisor for advice regarding your particular circumstance.
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What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?
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Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York. |
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