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"They were there for us"
"Our experience with the Marla Schneider team was very positive. The team we worked with was knowledgeable, energetic, attentive and always readily available. Whenever I needed photographs or information on new listings or listing sheets for our sign, they were there for us. On an individual basis, Marla is the consummate professional. She exudes confidence in her ability to handle the sale, and the process of the sale of homes. She is always accessible whether on her cell phone or at home; clients are made aware that she is working with them in mind. Marla, with her knowledge and experience, helps clients through what could be an emotional and intense time. We appreciate all the attention and hard work Marla and her team contributed."
"The Shea Stewart Family"
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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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| Q |
What holds the title as the tallest reinforced concrete building in the U.S.?
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| A |
311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
