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We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
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About Hampton Roads: Moving
to Chesapeake, Suffolk and Norfolk, Virginia? Get info here... |
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Chesapeake: Moving to Chesapeake, Virginia? Get info here... |
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City of Suffolk: Moving to City of Suffolk, Virginia? Get info here... |
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Norfolk: Moving to Norfolk, Virginia? Get info here... |
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Town of Smithfield: Moving to Town of Smithfield, Virginia? Get info
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Isle of Wight County: Moving to Isle of Wight County, Virginia? Get info
here... |
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The Great Dismal Swamp: Photos and information on The Great Dismal Swamp |
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Schools in the Counties We Serve:
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Chesapeake Schools: Chesapeake
Schools of Chesapeake County VA |
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Norfolk Public Schools: Norfolk Public
Schools of Chesapeake County VA |
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Portsmouth Public Schools: Portsmouth
Public Schools of Chesapeake County VA |
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Suffolk Public Schools: Suffolk Public Schools of Chesapeake County VA |
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Virginia Beach Public Schools:
Virginia Beach Public Schools of Chesapeake County VA |
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Isle of Wight Public Schools:
Isle
of Wight Public Schools of Chesapeake County VA - includes
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School Reports: Reports for Chesapeake, Suffolk and Norfolk schools kindergarten,
elementary, and high schools |
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Relocating?: Free real estate information & relocation package if you're
relocating to Chesapeake, Suffolk and Norfolk, in Chesapeake County
VA |
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Hampton Roads History: Get a detailed look at Hampton Roads with extensive links from your
Chesapeake, Suffolk and Norfolk, in Chesapeake County VA real estate
agents |
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Things To Do: Things to do in Chesapeake, Suffolk and Norfolk, Chesapeake County,
VA. |
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Military Installations: Military Installations in Chesapeake, Suffolk and Norfolk, Chesapeake
County, VA. |
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Local Service Providers: Local
Service Providers in Chesapeake, Suffolk and Norfolk, Chesapeake County,
VA. |
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Local and State Resources: Local and State Resources in Chesapeake, Suffolk and Norfolk,
Chesapeake County, VA. |
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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 |
Where is the world's longest spiral staircase?
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| A |
The White County Coal Mine in Carmi, Illinois has a spiral staircase that measures 1,103 feet and has 1,520 steps. |
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